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. Call. The First Decision Approval video covers all the key underwriting documents required to obtain an MI Approval for non-delegated submissions. Use Arch MI resources to assist you in your loan processing review. The free sessions provide timely and strategic information about the business of learning, current trends impacting workforce development, best practices for training and talent management, and practical information on the latest tools and technology. At the end of the study, they concluded that there were three core factors to success. Genworth has surveyed providers of various types of care across the country for 18 years. Radian Timely Topics: Understanding P&L and Business Bank Statement Requirements. Mortgage Market Conditions provides insight into the current market, the challenges facing today's mortgage professionals and suggests some Radian tools and resources you can leverage to connect with consumers. training.enactmi.com Building Your Business with Webinars, Facebook Live Events and YouTube. Radian Guaranty Inc's MI Online customer portal offers you an easy tool to submit your MI order to Radian. Share this document with a friend. The more familiar you become with typical secondary market guidelines, learn what valuation methods are available, and develop a deeper understanding of certain cautionary items that . Skip to Main Content For years, the. We deliver skill-building training programs and special events right to your desk through our webinars. Origination & Servicing Tools Tutorials | MGIC Participants will receive our cash flow analysis tools, a cash flow worksheet (PDF) and calculator (Excel) to help you in your daily practice. Learn about checking and savings accounts, establishing ownership, stocks, bonds, mutual funds, and more. 10:00am (PT) Watch Webinar Recording - MGIC by supporting specific courses, continuing education and designations necessary for our technical professionals to maintain the most current information for their area of expertise. Coming up Build Engaging Presentations. Processors andUnderwriters. . Forgot username or password? Login/Register to access the new Coverage & Care page featuring the Coverage Needs Estimator*. by ensuring employees have a deep understanding of our industry, business, and customers, as well as applying that knowledge in their role. in group process facilitation, classroom instruction, and organizational effectiveness. Mortgage Training | How to Review an Appraisal - MGIC Learn how to calculate qualifying income using a cash flow analysis method. We deliver skill-building training programs and special events right to your desk through our webinars. Review 8 FAQs about assets and get the answers! Webinars - Sagen In this short video, Radian National Training will touch on how these fixtures can impact the mortgage process. But the system offers much more. Find out why line items matter on a Schedule C! You are protected This short video highlights some benefits, terms, and scenarios for your understanding. Contact yourArch MI Account Managerfor details. For more information about Genworth Training, contact your Genworth sales representative, call the Genworth ActionCenter at 800 444.5664, or you can view . You will learn how to apply FNMA and FHLMC guidelines to the Schedule K-1, evaluate business liquidity and determine qualifying income. How to Read AUS Findings Like a PRO, Paystubs - Frequency & Formulas (Micro Session), Quick Tips for Bonus/Overtime (Micro Session), Schedule C - Why Line Items Matter (Micro Session), The Nuts & Bolts of Rental Income: Solving & Simplifying the When & How, Understanding Business Liquidity (Micro Session). 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. 30-Minute Session This Learning Center page provides resources and training on originating & underwriting loans, Fannie Mae's underwriting applications, and best practices to help you get the most out of Fannie Mae mortgage products, the Selling Guide and technology applications. 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. Your guide to using mortgage origination and servicing tools. Get the latest updates, industry trends, and guideline changes on GSE-related policies. 20-Minute Micro Session Learn More. Event Calendar - Enact Discover how our homebuyer education program can connect you with more potential borrowers. As an added bonus, youll learn how to overcome common loan challenges and a formula for getting exceptions approved. This course will help you strengthen your mortgage skills and knowledge. 10:00am (PT) Arch Mortgage | USMI - Training Resources Not surprisingly, many of the traits shared by high-achievers are common-sense in theory, but not necessarily common practice (otherwise, everyone would be a high-achiever, right?). We've expanded our Nontraditional Credit Guidelines. In this 1-hour webinar, we will show you threeeasymethods to begin using immediately to achieve next level productivity in both your personal and professional life. This video series, featuring Rene Rodriguez, will tackle some of your most complex challenges with simple steps that lead to positive results. 12:00pm (PT) For years, the mortgage and real estate industries relied solely on the traditional appraisal report. This video will provide the details you need for that next customer conversation. 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. 90 minutes. Our R70i Aging Experience is a new way to start the conversation about long term care. Preparing Form 1120, U.S. Corporation Income Tax Return Residential appraisals continue to evolve. Arch MIs accredited public speaker and industry expert, Blaine Rada, will share his story of personal challenge and valuable lessons gained during his month-long trek across Spain, unplugged from modern life, technology and the nine-to-five routine. Understanding a Significant Derogatory Credit Event, Identify Credit Events in a Borrower's Mortgage File, Learn the Basics for Personal Video Marketing, Fannie Mae and Freddie Mac - Understanding Your Options, Fundamental Differences in Fannie Mae and Freddie Mac, Understanding Desktop Underwriter - Advanced Guidelines and Updates, Explore Conventional Loan Options to Determine Best Options, Learn about Ability to Repay (ATR) and Qualified Mortgages (QM), Help each person develop a personal code of ethics to use in the mortgage industry, Terminology Used in the Mortgage Industry, Understanding Credit Reports and Credit Scores, Basics of Credit Reports and Credit Scores, Verify if the Loan has a Home Equity Line of Credit, Introduction to the TILA-RESPA Integrated Disclosure (TRID), Review the TILA-RESPA Integrated Disclosures (TRID), Self-Employed Borrower Basics Part II - Partnership, S-Corp and Corporations, Examine Business Returns in Detail using the Cash Flow Analysis Method, From Action to Impact: Time Management for Originators, Identify Impactful Steps Over Busy Actions, Self-Employed Borrower Basics Part I - The Personal Tax Return, Business Income Concepts for Calculating Qualifying Income, Look at options to use Mortgage Insurance, A History of Mortgage Banking and Understanding of a Loan File, Understanding Desktop Underwriter (DU) - The Basics, Introduction to Fannie Maes Automated Underwriting System (AUS) Desktop Underwriter, An Overview of the Residential Loan Application (URLA), Complete and/or Review the Uniform Residential Loan Application, Understanding Loan Product Advisor - The Basics, Determine if a Borrower is in the US Legally for Mortgage Origination Purposes, How to Be Productive, Efficient And Valued, Appraisal Review: With Guidance for Rural Properties, Review Guidelines, Documentation Requirements, Best Practices and Issues Round, Overview of the Basics of Mortgage Insurance, Self-Employed Borrower Form 91 Part I - The Personal Tax Return, Calculate Income for Freddie Mac from Personal Tax Returns, How MCC Can be Used to Qualify Borrowers for HFA Loans, NAR 2022 Profile of Home Buyers and Sellers, Self-Employed Borrower Form 1084 Part I - The Personal Tax Return Webinar, Self-Employed Borrower Form 1084 Part II - The Business Tax Return Webinar, Review and Calculate Miscellaneous Employment Income Webinar, Calculating Income - The Exercises Webinar, Review Schedule E - Rental Income Webinar, Understanding Desktop Underwriter - Advanced Guidelines and Updates Webinar, Understanding Loan Product Advisor - Advanced Guidelines and Updates Webinar, Review Schedule C - Sole Proprietor Webinar, Self-Employed Borrower Form 91 Part I - The Personal Tax Return Webinar, Self-Employed Borrower Form 91 Part II - The Business Tax Return Webinar, Navigating Mutual Threats & Opportunities with your Realtor partners, Guide in understanding customers and their needs, Fannie Mae and Freddie Mae Year-End communications, Understanding the Basics of Freddie Mac's Refi Possible and Fannie Mae's RefiNOW, Fannie Mae and Freddie Mac's Low Income Refinance Options, Self-Employed Borrower Form 91 Part II - The Business Tax Return, Calculate Income for Freddie Mac for Partnerships and S Corporations, Including K-1 Income. Start your day smarter. To view the calendar with all webinars click here. Obstacles in affordability can be rough speed bumps on the road to homeownership, but we work hard to make the dream of homeownership a reality. Accessory Dwelling Units or ADU's are becoming more common in mortgage transactions, yet many are unaware of the specific guideline requirements for this type of property. The course is designed for the participant to gain an understanding of eligible and ineligible sources of funds, interested party contributions (IPCs), large deposits, business assets, reserves and acceptable documentation for assets. His podcasts present smart tips, expert guidance and innovative approaches that can transform your prospects. National MI believes in expanding access to the American dream of homeownership. Live Webinars. Bring your calculator and be ready to practice what you learn. The pace of change in the marketplace has accelerated from fast to almost instantaneous. We're committed to making a difference in our employees' lives. FHA or Enact MI? Skip to Main Content ESSENTIAL. Free Webinars - Project Management and Leadership Skills 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. Reviewing and Understanding the Basics of Tax Returns, Audience:Loan Originators, Jr. Participants learn how to apply FNMA and FHLMC guidelines to the Schedule K-1, evaluate business liquidity and determine qualifying income. Learn the 3 big benefits of proving liquidity in your self-employed borrowers businesses. Radian's MI Online customer portal makes submitting and activating MI quick and easy. This video highlights the functionality supported by Radian within Encompass to order and simplify the title process. In this course, we will introduce the various business structures, the tax forms used to report business income and demonstrate how income flows from business to personal tax returns. *The Coverage Needs Estimator is not available for all policy forms. 2023 Genworth Financial, Inc. All rights reserved. This is the course for you! Click, Looking for more info on MI Online or need to register as a new user? This Timely Topics video will help you better understand those changes and impacts. MGIC | How to Review an Appraisal Genworth Calculator And Quick Reference Guide Mortgage Fundamentals is an essential course for those newer to the mortgage industry. 30-Minute Session You may need to adjust your speaker volume. Todays employers have found unique ways to compensate or reward their employees. (888 436.9678) Monday - Thursday: 8:30 AM - 6 PM ET. For more information about Genworth Training, contact your Genworth sales representative, call the Genworth ActionCenter at 800 444.5664, or you can .