Participants will receive our cash flow analysis tools, a cash flow worksheet (PDF) and calculator (Excel) to help you in your daily practice. The practice exercises include various salaried, military, teacher and non-taxable income scenarios. 10:00am (PT)
Conventional loans are much more common than government-backed financing. Your guide to using mortgage origination and servicing tools. Jun 2016 - Present6 years 10 months. Training solutions include a comprehensive list of items to help like job aids . Online virtual meetings are essential to successfully communicating with your customers and partners. Our podcast library features industry leading experts from finance and personal growth. Reviewing and Understanding the Basics of Tax Returns, Audience:Loan Originators, Jr. Share this document with a friend. Login/Register to access the new Coverage & Care page featuring the Coverage Needs Estimator*. Making the Loan Application Process Easier, Audience:Loan Originators and Loan Processors. Knowing these costs is a first step in helping you plan for the future. The thought of purchasing a home might be daunting for many. Join IIL's free webinars, for skilling up on project management, leadership, agile and scrum, communication, and work-life balance. You are protected Our Customer Training Program is a best-in-class educational curriculum teaching the key skills, techniques and best practices needed to build your team's confidence and grow your share of originations. You can find out more about which cookies we are using or turn them off at any time in settings. Webinar Materials: https://www.mgic.com/training/seminar-materials/appraisal During this webinar, you will get the tools you need to help build and strengthen your appraisal evaluation skills. Available formats: On-Demand Video, On-Site Training (Contact your Account Manager), Learn How to Record Videos, Share Screens and More Using Zoom. 1. 20-Minute Micro Session The Arch MI Tax Return Analysis Calculator, Audience:Loan Originators, Processors andUnderwriters, The AMITRAC (Arch MI Tax Return Analysis Calculator) is an interactive and intuitive spreadsheet that follows the SAM method of tax return analysis. As an added bonus, youll learn how to overcome common loan challenges and a formula for getting exceptions approved. In this five-minute video, you will learn how the GSEs, Fannie Mae & Freddie Mac, are accepting the desktop appraisal. In this five-minute video, you will learn how the GSEs, Fannie Mae & Freddie Mac, are accepting the desktop appraisal. to the residential appraisal. to make learning and development activities more flexible, global, cost effective, and engaging. Led by our team of experienced educators, youll get hands-on, practical training on topics that are relevant to your everyday operations. Toggle Nav. In this 60-minute online workshop, you'll learn the why behind allowable add-backs in the cash flow analysis of investment property and receive hands-on practice using our Cash Flow Analysis Worksheet. Watch Full Recording Looking for more info on title services? conducted on an ongoing basis to monitor employee satisfaction. This personalized tool provides information to help you think about the median cost of care you may require in the future, and see how estimated future coverage may align with potential long-term care needs. In this session, Dr. Bruce Lund, founder of the top entrepreneur coaching business, 90-Day Sales Manager, can show you how to be a master at following up! Success in mortgage lending starts with a high-performing team. Learn about checking and savings accounts, establishing ownership, stocks, bonds, mutual funds, and more. Contact your Account Managerfor more information about this course. Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings. This unique professional development opportunity provides insights on how to grow and expand your skills to achieve more happiness and success at home and work. E-LEARNING & Previous Webinars Get easy access to National MI courses and our previously recorded webinars. This course provides home buyers, borrowers, lenders, and professionals in the mortgage industry an overview of key Title essentials, and answers to Title-related questions. Want to close more loans FASTER? Genworths success is dependent on our response to that change. Are you ready to work with your customers when the appraisal comes in lower than the purchase price? I am fortunate to provide education and support to Advisors nationwide regarding the importance of LTC Planning and the various of solutions . Friday 9 AM-6 PM ET. 6610 W. Broad St. Bldg. Show Training & Webinars Borrower Education resources Access resources to First Time Home Buyers Education and Landlord Counseling. Learn how to navigate the AMITRAC in this short webinar, An Introduction to Business Tax Structures, Forms and Cash Flow, Audience:Loan Originators, Loan Processors, Underwriters. The Global Learning & Development team offers our employees opportunities to grow and develop in and out of the classroom. Our webinars feature international thought leaders presenting insight, ideas and advice. We'll review multiple Schedule C examples and complete a cash flow analysis for each. This dynamic discussion highlights the expansion of diverse markets and strategies you can leverage to address this market shift. Effective September 18th, Fannie Mae will implement several new Desktop Underwriter (DU) changes that may have a direct impact on the loans in your pipeline. For more information about Genworth Training, contact your Genworth sales representative, call the Genworth ActionCenter at 800 444.5664, or you can view . Our webinars, e-learning courses, and podcasts help you stay connected to your customers by providing relevant social media strategies, tips on increasing sales productivity, techniques for developing a growth mindset, and more. Selecting this will open a country selector model view. of training needs analysis, design, and development. New to the industry? We offer over 400 webinars per year for bankers on compliance, BSA/AML, coaching, lending, bank call reporting and TRID - as well as hot topics on pandemic preparedness, Cares Act . This hands-on course includes analysis for a PARTNERSHIP (1065/K-1) using a cash flow analysis method. In this course, we will dive into the fundamentals of self-employed borrower income calculation, including allowable add-backs and required deductions. Targeted or advertising cookies collect information about your browsing habits. In this webinar, Ginger Bell will demonstrate how to share your screen with borrowers via virtual meetings and record videos using Zoom. While we hope that you will find our free TRID training resources on this site beneficial, we wanted to also provide you with a few other free TRID training resources that might be beneficial to you. Before your next file review, be sure you know what to expect. Learn how to support your Mortgage Insurance (MI) origination and servicing needs, including Non-Delegated MI, Delegated MI, and Contract Underwriting. self-paced training, timely videos, podcasts, and instructor-led live webinar sessions. Our full-time trainers are mortgage industry experts. Building Your Business with Webinars, Facebook Live Events and YouTube. Todays employers have found unique ways to compensate or reward their employees. Want to gain a better understanding of earnings, distributions and liquidity analysis? To request on-site training, please contact yourArch MI Account Manager. Participants will receive our cash flow analysis tools, a cash flow worksheet (PDF) and calculator (Excel) to help you in your daily practice. Forgot username or password? Learn how to calculate qualifying income for a self-employed borrower. Success leaves clues. Times and technology have changed creating a quicker, more cost-effective approach to the residential appraisal. Give us a call or send an email using the contact information below. See plans and pricing Sign in Create connections and drive engagement with webinars Get started Learn how to host webinars in Microsoft Teams and find helpful resources. You will also be pointed to helpful resources that you can utilize. At your fingertips: the latest bulletin announcements and MGIC news releases regarding industry changes. Richmond, VA 23230. Check out our latest posts below, and be sure to listen in to our latest episode. Browse our online resources, learn at your own pace, and discover Fannie Mae learning tools. Allowable add-backs and required deductions will be discussed, and well demonstrate how to calculate income from various business structures, introducing you to the Arch MI Tax Return Analysis Calculator (AMITRAC), the industrys most user-friendly Schedule Analysis form. 20-Minute Micro Session Pilson, Timmie (Genworth) Created Date: 10/27/2010 3:33:25 PM Other titles: Income Calculation Worksheet Company: GMAC ResCap . Learn how to calculate qualifying income for a self-employed borrower. It requires that our employees embrace the need to regularly evaluate their own knowledge and skill sets. Understand income trending and be introduced to the Arch MI Tax Return Analysis Calculator (AMITRAC). We will also discuss income continuance (when support documentation is required) and taxable vs. non-taxable income. In this fifth session, they will cover the competency of self-perception where participants will rate their current level of competency, engage in rich discussion to increase their awareness, and identify opportunities to leverage and/or increase their interpersonal skills. In this webinar, Rebecca Lorenz of Ninja Selling will show you how to generate value for your clients and referral partners to build a robust pipeline. Live Webinars. In this session, youll learn: Available formats: Webinar (Contact your Account Manager), On-Site Training (Contact your Account Manager), Ten Tips That Turn the Tide in Your Favor, Audience:Loan Originators and Mortgage Management Professionals. Arch MI offers a mix of live and on-demand webinars and customized on-site training. In addition to our extensive recorded course catalog and in-person training opportunities, Genworth also offers tons of live webinars where you can ask questions in real-time. Select State Select City All Topics Title Type State Date & Time Agent Focused - Centrevillie-Grassroots Marketing In-Person Event Virginia Learn how to calculate qualifying income using a cash flow analysis method. Get the latest on regulations, GSEs and Fannie Mae and Freddie Mac policies. In this short video, Radian National Training will touch on how these fixtures can impact the mortgage process. These cookies dont collect information that identifies you personally as a visitor. This hands-on course includes analysis for a CORPORATION (1120) using a cash flow analysis method. Available formats: Webinar,OnDemand Video, Understanding Self-Employed Borrowers and Business Tax Returns, Audience:Loan Originators, Sr. Whether you are an originator or an underwriter, we have the resources and answers you need to understand how mortgage insurance can benefit you and your borrower. In a world where working remotely is common, we need to change how we do business. Five Verbs that are the specific skills to make you a more effective communicator. Training Training Essentials Training Courses & Registration Class Calendar Self-Paced Learning Income Analysis Tools Collateral Analysis Tools Essentials Training Team Essentials Live Essent Training Guides Education for Homebuyers Training ESSENTIALS TRAINING Sign up for live webcasts, learn about key topics at your own pace or In this third course of the Back to Basics Income Fundamentals series, we will apply the knowledge gained from Income Fundamentals 201 to accurately calculate qualifying income from paystubs, including base pay, overtime, bonuses and commission. Learn how to activate borrower paid deferred MI with the click of a button! We're committed to making a difference in our employees' lives. 2, 8th Floor. support Construction-to-Permanent transactions. First Class Training for administration and facilities roles. Gain quick access to the latest underwriting guidelines for MGIC mortgage insurance. Suggested Prerequisite: Business Tax Returns 201, Unique Considerations for Partnerships and S Corporations. In this recorded webinar, we will show how to set up, invite and host online webinars, FaceBook Live Events and post videos onto YouTube to educate, inform and promote. Here is a list of some of our favorite free TRID training links: Free CFPB TRID Implementation Page. 60-Minute Session The marketplace can be challenging, and salespeople must differentiate themselves to create and retain clients and referral partners. Properties with solar panels are becoming increasingly common and can have a big impact on mortgage financing. In this short video, we will demonstrate how to activate MI on a Borrower Paid Monthly (BPMI) with deferred premium. This short video will give you the info you need to know for your next construction loan review. In MGIC's Residential Appraisal Review training webinar, you will get the tools you need to help build and strengthen your appraisal evaluation skills. Fine-tune your communication skills to improve sales performance. The Fannie Mae Learning Resource Center offers a wide range of materials to help you do business with Fannie Mae. Dubai is different than Dallas, for example . The case study includes analysis for apartnership (K-1/1065)and a corporation (1120). Join us for a lively discussion on ARM components, how to accurately qualify your borrower and when it is the right "fit" for your scenario. Our financial products are offered/underwritten by one or more of the following:Genworth Life and Annuity Insurance Company; Genworth Life Insurance Company; Genworth Life Insurance Company of New York (only Genworth Life Insurance Company of New York is admitted in and conducts business in New York); Genworth Mortgage Insurance Corporation;Genworth Mortgage Insurance Corporation of North Carolina; Genworth Financial Assurance Corporation. Radian National Training. We prepare your frontline, compliance team, executive leadership and board of directors with comprehensive . Short videos help maximize your learning experience, Timely podcasts you can listen to while on the go, Supplemental activities reinforce important concepts and apply what have you learned, Engaging workbooks and training materials bolster your knowledge. Let us help you build, strengthen and educate your team. We'll walk you through loan scenarios designed to introduce the rental income guidelines, and highlight any differences between Agency guidelines pertaining to rental income. Strengthen your understanding of the industry with our self-paced education. Interpersonal Skills by providing an environment where employees can share their expertise in a manner that is timely, easily understood, and fosters their role as a trusted advisor to our business leaders. We'll walk you through loan scenarios designed to introduce the rental income guidelines, and highlight any differences between Agency guidelines pertaining to rental income. Learn more about all of the training courses Arch MI has to offer! From setting realistic expectations, to understanding what drives borrower satisfaction, youll discover how to invest your time and effort for maximum return. Processors andUnderwriters. Coming up Build Engaging Presentations. Please note:There is a nominal fee for this course. We will simplify it, so you can easily understand how it works, and its potential benefits. However, there are many resources, including required educational opportunities, available to help a new buyer navigate this process from start to finish. and informed. In this hands-on course, you'll learn the proper adjustments to help qualify your borrowers. Best-selling author, Jennifer Powers, joins professional podcaster, Mark Tucker, for a 5-part series on Emotional Intelligence. Get step-by-step instructions on how to use mortgage origination and servicing tools. Bring your calculator and be ready to practice what you learn. Interest rates continue to rise to levels we have not seen in years. Learn how to differentiate yourself from the competition and gain market share by becoming the best choice for mortgages among borrowers and Realtors. Suggested Prerequisite: Business Tax Returns 101, Available formats: Webinar, OnDemand Video, Unique Considerations for Sole Proprietorships and Corporations. Participants learn how to apply FNMA and FHLMC guidelines to the Schedule K-1, evaluate business liquidity and determine qualifying income. Free CFPB & Federal Reserve TRID Webinars 60-Minute Session We have committed to developing our employees because these changes in the marketplace require new competencies. 30-Minute Session 30-Minute Session Are you ready for your next loan file featuring an ADU? Why National MI? Get registered for training on AEP, OEP, selling strategies, plans and products, technology tools, and more. Fannie Mae has adjusted loan criteria and updated their systems to accommodate more borrowers without credit scores and help simplify the process for lenders. These fees may have a direct impact to both lenders and borrowers. It's as easy as 3,2,1! Find what you need to know about MGICs mortgage insurance rates. In this workshop, you'll learn how to identify when fraud and misrepresentation are occurring. If you have ever thought to yourself, how does she get it all done or how does he have time to attend classes while working full time, then this course is for you. 2023 Genworth Financial, Inc. All rights reserved. Our financial products are offered/underwritten by one or more of the following:Genworth Life and Annuity Insurance Company; Genworth Life Insurance Company; Genworth Life Insurance Company of New York (only Genworth Life Insurance Company of New York is admitted in and conducts business in New York); Genworth Mortgage Insurance Corporation;Genworth Mortgage Insurance Corporation of North Carolina; Genworth Financial Assurance Corporation. Learn the basics of applying Fannie Mae's & Freddie Macs conventional guidelines on rental income in qualifying for a mortgage. Enhanced Customer Service Through Better Business Communications, Best Practices in Professional Business Communication, Fannie Mae and Freddie Mac Renovation Programs, Understand the Basics for Fannie Mae and Freddie Mac Renovation Programs, Highlights Critical Areas of Purchase Transactions, Understanding Adjustable Rate Mortgages (ARMs), Leveraging Mortgage Insurance in Today's Market, Structuring Mortgage Insurance in today's market, Covers HPA 1998 and CFPB Bulletin, Termination Procedures, and Initial/Annual Disclosures, Managing the Middles - A Look at LTV Scenarios, How to differentiate yourself as an advisor in this competitive market. (Established professionals may also find this course a good refresher.). Webinars Fulfill Your Training Needs with Webinars. During this session, we will break down K-1s for both Partnerships and S Corporations and demonstrate how to calculate qualifying income. with Genworth functions, businesses, human resources managers, and talent development leaders. Whether you communicate in-person or online, with spoken words or written words, delivering a clear and compelling message is more challenging than ever. Long Term Care Insurance Claims. 24/7 access Online library of interactive courses Short videos help maximize your learning experience Timely podcasts you can listen to while on the go Supplemental activities reinforce important concepts and apply what have you learned Engaging workbooks and training materials bolster your knowledge Explore On-Demand Foundation On-Demand Series Visit our COVID-19 page for the latest information on our COVID-19 temporary underwriting guidance given the GSEs' updates on Feb. 15, 2023. In this course you'll learn the basics of mortgage insurance. Desktop Underwriter Training Webinar Slides . Get acquainted with Title and what to expect during the Pre-Closing, Closing, and Post-Closing processes, including key steps involved in obtaining a Title. Learn the key fields and information that can impact your borrower's loan application. 60-Minute Session The real estate and housing markets are experiencing an unprecedented shortage of existing homes. Indexes, margins, caps and more3/6, 5/6, 7/6 to explore. If you have a group for in-person, on-site training, we can provide that, too. LTCI Login, MondayThursday8:30 AM6 PM ETFriday9 AM6 PM ET, MondayThursday 8:30 AM6 PM ETFriday 9 AM6 PM ET. This short video will provide you information on a major policy update from Fannie Mae as well as access to the tools needed for your borrowers. We'll walk you through loan scenarios designed to introduce the rental income guidelines, and highlight any differences between Agency guidelines pertaining to rental income. We design our products around what you need, whether youre just starting out or facing the issues of aging. Are you ready for the potential surge of Construction-to-Permanent loans as a result? Select a course category below to see what topics are offered under each and how to access: Learn about Mortgage Insurance (MI): What it is, how it works, why it provides value to lenders, investors, borrowers and how it helps build a path to homeownership! March 2023. Sign up here. General Dwight Eisenhower said, Plans are nothing. We have sent a temporary Confirmation Code to the email address you provided. Third-party websites may use them to remember that you have visited a website, and this information is shared with other organisations such as media publishers. Expand your market of borrowers by learning the key points and unique features of the Fannie Mae HomeReady Program. ----Course title center---/> ----Course title center---/> ----NAV BAR---> Home; Getting Started; My Progress; Catalog; Live Calendar; Calculators; EnactMI.com During this session we will discuss what DU reviews; the Importance of data integrity and we will highlight key areas of interest on the Summary Report and the UW Analysis Report. Mortgage Fundamentals is an essential course for those newer to the mortgage industry. Delivered by respected financial services industry experts, our webinars are timely, relevant and engaging. Get useful how-to guidance on setting up and managing these visual meetings. But after this 60-minute webinar, you'll be able read one like a pro. MGIC > Introducing MGIC's Magic Minutes Training Series Quickly refresh or expand your industry knowledge and skills with our new Magic Minutes training series, Evaluating & Calculating Borrowers' Income. ESSENTIAL. We've expanded our Nontraditional Credit Guidelines. Your audience. Gain a basic understanding of the Self-Employed Borrower by learning about the various business entities, their required tax forms and how to calculate liquidity for these types of borrowers. Get access to essential resources that can help make your job easier. by providing an environment where employees can share their expertise in a manner that is timely, easily understood, and fosters their role as a trusted advisor to our business leaders. In April 2020 alone, there was a reported 10% decline in self-employed individuals. Calculating income for self-employed borrowers is an ongoing challenge. More and more loan files reflect different types of compensation. Skip to Main Content 872012 Genworth Financial, Inc. All rights . Practice determining frequency of pay and how to accurately qualify your salaried borrowers. both public and private, who buy the mortgage notes.. We'll review what each ratio represents, why and how it is used in an analysis and where and how it functions in the decision-making process. Keeping these cookies enabled helps us to improve our website and display content that is more relevant to you and your interests. 30-Minute Session This practical, hands-on course is designed to walk the participant through a thorough analysis of self-employed borrower income by completing a full cash flow analysis. Processors andUnderwriters. 60-Minute Session View Borrower Education NextGen, Multicultural, Multigenerational Third-party cookies include performance cookies and targeted or advertising cookies. This video highlights the functionality supported by Radian within Encompass to order and simplify the title process. NMI Holdings, Inc. (NASDAQ: NMIH), is the parent company of National Mortgage Insurance Corporation (National MI), a U.S.-based, private mortgage insurance company enabling low down payment borrowers to realize home ownership while protecting lenders and investors against losses related to a borrower's default. Technical Skills by supporting specific courses, continuing education and designations necessary for our technical professionals to maintain the most current information for their area of expertise. One of our most important commitments is enriching the quality of life in our communities. Dont worry! That's why we've expanded on the GSE's nontraditional credit guidelines to create accessibility for underserved, yet credit-worthy borrowers. Understanding Loan Product Advisor - Advanced Guidelines and Updates, Updated Policy or Underwriting Changes or Clarifications, How to Determine if a Borrower Qualifies for the Program and its Benefits, Learn How to Properly Calculate Assets and Reserves for Mortgage Loans, Understand Fannie Mae's HomeReady Loan Program, Best Practices in Avoiding Common Underwriting Errors, Review Common Mistakes and Learn How to Avoid Them, Review of Partnership Income Form 1065 with Schedule K1, Fannie Mae 1084, and Review the K-1, 1065 and Solvency Test, Verify Sufficient Funds to Close by Completing the Two Examples, Review Different Types of Income and the LES (Leaving & Earning Statement), Review and Calculate Miscellaneous Employment Income, Bonus, Overtime, Commissions, Seasonal Income, Unemployment, Temporary Leave, Review S-Corporation - Form 1120S and 1040 with W2 and K1. You are protected Join us as we demonstrate types, break-even points and more. See more reasons why customers love teaming up with us. Learn the mathematical formulas for five key ratios used to assess the risk associated with mortgage loans. Visit our Training catalog to register for an account using your NMLS ID. Genworth is committed to helping families become more financially secure, self-reliant, and prepared for the future. Self-Employed Borrowers Focus on Getting Started and the Sole Proprietor, *MI Solutions It's Time To Rethink Your MI Strategy*, *Preventing Mortgage Fraud Take a Closer Look*, Evaluating and Calculating Borrower Income Focus on Fixed Sources, Self-Employed Borrowers Focus on Partnerships and S Corporations, *HomeReady Mortgage Overview with Fannie Mae*, Evaluating and Calculating Borrower Income Focus on Variable Sources, *Expand Your Defense with Our March Madness FAQ Session*, *The Economy in 2023: The Pause and the Pivot*, Self-Employed Borrowers Focus on Corporations and Financial Statements, *Unique Insights into Community Reinvestment Act (CRA) Performance Improvement*, *Another Dimension of Inclusion: Seeing the World Through the Lens of Ableism*. 60-Minute Session Arch MI is excited to bring you this important information with industry professional Ginger Bell. Cookies help us improve your website experience. 2-Day Course:This two-day course, designed with industry newcomers in mind, provides an overview of mortgage lending from A to Z. Modules range from industry terminology and property types, to the basics of understanding credit, income, the loan application and more! Our foundations Series covers Real Estate Property Valuations Essentials. Enhance your understanding of self-employed borrowers and develop an understanding of the components of business tax returns. This short video will define the LLPA, discuss the upcoming changes, and review ways for you to support your customers. Contact Us Contact Us 888 GENWORTH(888 436.9678) Monday-Thursday8:30 AM-6 PM ETFriday9 AM-6 PM ET Contact CareScout at 800 571.1918 Search Search Genworth.com Aging & You Go BackAging & You Aging & Your Health Go BackAging & Your Health Hearing Impairments Vision Simulation Mobility Challenges Aging & Your Family We are committed to help you plan for your long-term care needs and to helping you make informed decisions. We use cookies to give you the best experience on our website. In this course, we will focus on the unique considerations of Sole Proprietorships and Corporations.
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