Genworths success is dependent on our response to that change. 60-Minute Session Toggle Nav. IN NO EVENT SHALL GENWORTH BE LIABLE FOR ANY DIRECT, INDIRECT, INCIDENTAL, PUNITIVE, OR CONSEQUENTIAL DAMAGES OF ANY KIND WHATSOEVER WITH RESPECT TO THE TRAINING AND THE MATERIALS. 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. capabilities that empower employees to create and execute on their development plans to be the most effective in their role and impactful to the business. Interest rates continue to rise to levels we have not seen in years. Live webinar training is also designed to accommodate busy employees who wish to extend their knowledge in different areas during the workday. 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. 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. Calculating income for self-employed borrowers is an ongoing challenge. To get started with ordering MI and servicing assistance from MGIC, begin with a review of our submission options and helpful resources. Identifies the key areas to focus on in the Uniform Residential Appraisal Report. 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. Don't forget to check out our MI Loan Submission Checklistto help you with the loan process. Whether youre new to the industry or a seasoned professional, Faster Closings delivers something for everyone. Get the latest on regulations, GSEs and Fannie Mae and Freddie Mac policies. 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! Residential appraisals continue to evolve. Get step-by-step instructions on how to use mortgage origination and servicing tools. Get useful how-to guidance on setting up and managing these visual meetings. Learn the five-step GRASS method, three common mistakes to avoid and the most important (and sometimes the most difficult) thing your plan should include. In this first Back to Basics course, we review acceptable income for mortgage qualification, including employment and non-employment sources. Available formats: On-Site Training (Contact your Account Manager), Five Steps to Better Goal Setting and Planning. Let us help you build, strengthen and educate your team. Intended Audience: new loan officers, processors and other mortgage operations professionals. Conventional loans are much more common than government-backed financing. estate industries relied solely on the traditional appraisal report. Self-Employed Borrower Form 91 Part I - The Personal Tax Return Webinar April 17, 2023 @ 12PM EST Self-Employed Borrower Form 91 Part II - The Business Tax Return Webinar April 24, 2023 @ 12PM EST Navigating Mutual Threats & Opportunities with your Realtor partners Guide in understanding customers and their needs . Expert Skills in group process facilitation, classroom instruction, and organizational effectiveness. Login/Register to access the new Coverage & Care page featuring the Coverage Needs Estimator*. Please check your mail and enter the code here. Online virtual meetings are essential to successfully communicating with your customers and partners. In the first quarter of 2018, conventional loans were used for 74% of all . Use Rate Express to compare your MI quote to FHA. We've expanded our Nontraditional Credit Guidelines. For more information about Genworth Training, contact your Genworth sales representative, call the Genworth ActionCenter at 800 444.5664, or you can view . In this webinar, Andrew Oxley will teach you how to effectively deal with conflict. SEB Borrower Workshop Explore our Course Catalog and contact your Radian Account Manager to schedule a session for your company. about experiencing the effects of aging firsthand. Essentials of Mortgage Lending (1 or 2-Day Course), Understanding the Fundamentals of Home Loans. 60-Minute Session Learn the basics of applying Fannie Mae's & Freddie Mac's conventional guidelines on rental income in qualifying for a mortgage. Its been discovered that motivated buyers will use the first person that calls them back 80% of the time. Most webinars grant participants access to the webinar series upon completion of the live webinar. They also provide insight to help you better understand diverse homebuyers and their needs. Do you and your borrower's know the options to bridge the gap between the purchase price and the appraised value? Before your next file review, be sure you know what to expect. Plan and outline your content. Share this document with a friend. Learn how to put our powerful solutions to work for your business. Many motivated buyers are now exploring new construction homes to fulfill their dream of homeownership. 20-Minute Micro Session I always walk away with something, even if it's a little tip or trick, from every MGIC webinar.. These fees may have a direct impact to both lenders and borrowers. At the end of the study, they concluded that there were three core factors to success. 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. By Letter: Genworth Financial-SIU. 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. Dont worry! We have a history of valuing employee development at Genworth that is evident at every level in the organization. of training needs analysis, design, and development. We will also review the principles of profit and loss statement requirements, net operating loss carryover considerations and person debts paid by the business. Educate, optimize and streamline your lending process with MGICs vast library of tools, resources and marketing materials. 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 do this by providing private mortgage insurance to low down-payment borrowers while protecting lenders and investors against losses related to default. See what webinars are coming up! You can also watch this short video to learn more about the benefits or RADAR Rates for you and your borrowers and how to easily obtain rate quotes. Learn how to support your Mortgage Insurance (MI) origination and servicing needs, including Non-Delegated MI, Delegated MI, and Contract Underwriting. Free CFPB & Federal Reserve TRID Webinars New to the industry? Our Customer Training Program is a best-in-class educational curriculum teaching the key skills, techniques and best practicesneeded to build your teams confidence and grow your share of originations. We design our products around what you need, whether youre just starting out or facing the issues of aging. ESSENTIAL. National Training Expand your skills and gain a competitive edgeon your time and in your preferred formatwith Radian's industry-leading training for mortgage professionals. 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 E-Learning: Remote Work Series. Whether you communicate in-person or online, with spoken words or written words, delivering a clear and compelling message is more challenging than ever. Your guide to using mortgage origination and servicing tools. Audience:Loan Processors, Loan Processors and Jr. Underwriters. Our new training option offers brief, focused videos to increase your knowledge in 15 minutes or less! 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*. 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. (888 436.9678) Monday - Thursday: 8:30 AM - 6 PM ET. 1-Day Course:This one-day hands-on fundamentals course delivers information that you can use to be a successful mortgage industry team member. Login to track the status of your submitted claims and payments. Radian Timely Topics: Understanding P&L and Business Bank Statement Requirements. FHA or Enact MI? Get a guided tour of Schedule E as we take you through a cash flow analysis for a borrowers investment properties. In reviewing each section, you will develop a broader understanding of the appraisal and the Sales Comparison Approach. Correctly calculating income is fundamental to insuring a member qualifies for a loan. 60-Minute Session Mortgage fraud has been around a long time and it continues to be one of the fastest-growing crimes in the United States. Quickly review the guidelines, requirements and submission options you need to service your MI-insured loans. Learn the two things customers need to trust to do business with you, what bothers borrowers and Realtors the most about the loan process, and how to separate yourself and sound different from the competition. Today its essential to meet with borrowers virtually and show howhow to upload documents, review conditions or appraisals is important. Show Training & Webinars Borrower Education resources Access resources to First Time Home Buyers Education and Landlord Counseling. Properties with solar panels are becoming increasingly common and can have a big impact on mortgage financing. Learn how to calculate qualifying income for a self-employed borrower. Creating an outline for your webinar content is easy if you already have a goal in mind. Find out the actual cost of a variety of long term care options nationally, as well as right where you live. Suggested Prerequisite: Business Tax Returns 101, Available formats: Webinar, OnDemand Video, Unique Considerations for Sole Proprietorships and Corporations. 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. Understand how to manage your long term care insurance claim by learning what to expect, understanding the claims process and what happens next. The marketplace can be challenging, and salespeople must differentiate themselves to create and retain clients and referral partners. In this five-minute video, you will learn how the GSEs, Fannie Mae & Freddie Mac, are accepting the desktop appraisal. So how do you assist your next borrower and help them purchase the home of their dreams? Enhance your reputation by aligning your market, message and media. 20-Minute Micro Session One of our most important commitments is enriching the quality of life in our communities. Understand the factors that make up a credit score, and the fundamentals of mortgage risk. Microsoft Teams webinars Meet with customers and coworkers from nearly anywhere. This hands-on course includes analysis for a CORPORATION (1120) using a cash flow analysis method. General Dwight Eisenhower said, Plans are nothing. 888 Genworth. Join us as we demonstrate types, break-even points and more. You will also be pointed to helpful resources that you can utilize. First Class Training for administration and facilities roles. In this course you'll learn the basics of mortgage insurance. both public and private, who buy the mortgage notes.. During this session we will discuss what LPA reviews; the Importance of data integrity and we will highlight key areas of interest on the Feedback Certificate. Build organizational capability and employee engagement by enhancing: Business Acumen by ensuring employees have a deep understanding of our industry, business, and customers, as well as applying that knowledge in their role. How to Read AUS Findings Like a PRO, Focus on Assets: Acceptable Documentation and Eligible Sources, K-1 Comparison - The Differences Between FNMA and FHLMC (Micro Session), LPA Live! Let's complete your profile. This short video will give you the info you need to know for your next construction loan review. Intended Audience: New loan officers, processors and other mortgage operations professionals. The pace of change in the marketplace has accelerated from fast to almost instantaneous. Find out why line items matter on a Schedule C! Training Resources Get instant access to the tools, guidance and training materials for our professional education courses. Learn More. Learn on the go with the Radian National Training On Air podcast series. Participants will receive our cash flow analysis tools, a cash flow worksheet (PDF) and calculator (Excel) to help you in your daily practice. Please join this 1-hour webinar that will be led by David MacDonald and Susan Seto who will provide in-depth insights and recommendations that you can use to develop your own strategies and programs to engage with your own customers who may be turning to you and your staff for help. This short video will define the LLPA, discuss the upcoming changes, and review ways for you to support your customers. MGIC's recorded tutorial videos are available on-demand and at no charge, offering the guidance you need, when you need it. 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 Discover, the keys to having your best year ever, the most important (yet often missing) part of the formula for success, and disciplines you often dont think about. Year after year, customers value working with us. In this second course of the Back to Basics Income Fundamentals series, we review documentation requirements, explore the components of paystubs and W-2s, discuss how to determine pay cycle frequency and provide an overview of mandatory payroll deductions. With guidance from an Essent facilitator, participants will learn to interpret the cadence with which a borrowers income is received and also practice calculating the base, monthly, qualifying income in nine separate exercises. 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. In addition, registered users can also sign up for email and text notifications, elect to go paperless, assign a delegate for your policy and much more. Learn how to navigate the new Uniform Residential Loan Application (URLA), also known as the Fannie Mae Form 1003 and Freddie Mac Form 65. Reviewing and Understanding the Basics of Tax Returns, Audience:Loan Originators, Jr. Get an overview of The Three Cs of mortgage banking including income/employment, assets/reserves and ratios. To engage your team and provide competitive service while staying compliant, your employee training program needs to hit the mark. Selecting this will open a country selector model view. Radian National Training. In this workshop, you'll learn how to identify when fraud and misrepresentation are occurring. 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. Ask Yourself Whether a Webinar Is the Right Tool for Your Needs. That's why we've expanded on the GSE's nontraditional credit guidelines to create accessibility for underserved, yet credit-worthy borrowers. In this course, we will focus on the unique considerations of Sole Proprietorships and Corporations. Learning Technology to make learning and development activities more flexible, global, cost effective, and engaging. Available formats: Webinar,On-Demand Video, The Basics of Self-Employed Borrower Income Calculation. Our Essentials Training webinars are designed to deliver innovative, mortgage training courses to industry professionals like you. We are often asked how mortgage insurance can support Construction-to-Permanent transactions. 60-Minute Session Filter below to browse by topic, select format (such as Recorded), or display calendar view. Intermediate - Mortgage professional that is comfortable with mortgage terminology and loan programs and has an understanding of the 1003 fields, AUS results, collateral types, basic documentation Fine-tune your communication skills to improve sales performance. This video highlights the functionality supported by Radian within Encompass to order and simplify the title process. To view the calendar with all webinars click here. 90-Minute Session LTCI Login, MondayThursday8:30 AM6 PM ETFriday9 AM6 PM ET, MondayThursday 8:30 AM6 PM ETFriday 9 AM6 PM ET. Housing and Mortgage Market Review (HaMMR). It's not rocket science, so why can't this be you? Strategic Business Partnerships with Genworth functions, businesses, human resources managers, and talent development leaders. We offer . Learn how the Borrower-Paid Single Mortgage Insurance option works for borrowers and lenders. Now is the time to learn more about the ARM and how it can be beneficial to many. Our new Timely Topics video can assist you in preparing for these changes. Browse our online resources, learn at your own pace, and discover Fannie Mae learning tools. Indexes, margins, caps and more3/6, 5/6, 7/6 to explore. Webinars Fulfill Your Training Needs with Webinars. 2 Reference Information Course Levels Basic - Mortgage professional who is new to the mortgage industry with no experience to residential lending terms, definitions, practices or guidelines. Participants will also learn how Validation services and third-party vendors are available to help us properly document a loan file. In MGIC's Residential Appraisal Review training webinar, you will get the tools you need to help build and strengthen your appraisal evaluation skills. 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. This module will look at eligible sources for funds to close and reserves (if applicable) as well as the requirements for asset documentation. Appraisal Appraisal Review Checklist Download PDF Single Family Appraisal Booklet Download PDF Condo Appraisal Booklet Download PDF Appraisal Forms List Download PDF Manufactured Housing Appraisal Booklet Download PDF 6610 W. Broad St. Bldg. Just use the dropdown menus to find the webinar or local event that's right for you. 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. Webinar Materials: https://www.mgic.com/training/seminar-materials/seb-corporations-financial-statement-review Heads up: This course assumes you are comfortable building income from tax returns. Key Partnerships with learning and development companies. Learn simple techniques you can use to set loans up for success. This hands-on course includes analysis for a PARTNERSHIP (1065/K-1/Schedule F) using a cash flow analysis method. Our new 45-minute class will show you five key tipsyou can take to avoid potential time delays, and has been updated to include the NEW 1003 (URLA). 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. His podcasts present smart tips, expert guidance and innovative approaches that can transform your prospects. Cookies help us improve your website experience. With National MI University, you have access to training resources that cover more than just industry-leading topics. Understand the impact of mortgage fraud, how to spot it and how to prevent it. Learn how to differentiate yourself from the competition and gain market share by becoming the best choice for mortgages among borrowers and Realtors. Effective September 18th, Fannie Mae will implement several new Desktop Underwriter, Looking for more info on title services? Participants learn how to apply FNMA and FHLMC guidelines to the Schedule K-1, evaluate business liquidity and determine qualifying income. Whether youve been in the business for decades or have just taken on a new role, youll benefit from 10 tips for communicating effectively with mortgage referral partners to gain a regular stream of business. Audience:Loan OriginatorsandMarketing Staff. Intended Audience: Mortgage professionals seeking fundamental knowledge of asset documentation and various types of acceptable assets for qualifying for a mortgage loan. more frequently is the Restricted Stock Unit or RSU being used as qualifying income. Want to gain a better understanding of earnings, distributions and liquidity analysis? 60-Minute Session Browse Classes CLASS CALENDAR Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful. 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. For more information about Genworth Training, contact your Genworth sales representative, call the Genworth ActionCenter at 800 444.5664, or you can . Quickly refresh or expand your industry knowledge and skills with our new Magic Minutes training series, Evaluating & Calculating Borrowers Income. Watch Full Recording Register Now 1120S/K-1 S-Corporation Analysis - Self-Employed Borrower Income 30-Minute Session 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. With guidance from an Essent facilitator, participants will practice calculating the eligible monthly qualifying income for four different variable income types. E-LEARNING & Previous Webinars Get easy access to National MI courses and our previously recorded webinars. Gain industry knowledge and essential skills from the experts at MGIC, the industrys leading mortgage insurance authority.