genworth training webinars
Participants will receive a cash flow worksheet (pdf) and a calculator (excel), which will aid in the application of their learning on the job. Review 8 FAQs about assets and get the answers! I am fortunate to provide education and support to Advisors nationwide regarding the importance of LTC Planning and the various of solutions . 1. 2, 8th Floor. Pilson, Timmie (Genworth) Created Date: 10/27/2010 3:33:25 PM Other titles: Income Calculation Worksheet Company: GMAC ResCap . 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. Gain industry knowledge and essential skills from the experts at MGIC, the industry's leading mortgage insurance authority. In a world where working remotely is common, we need to change how we do business. With this demand, buyers are paying more than the home is being appraised for. This module will look at eligible sources for funds to close and reserves (if applicable) as well as the requirements for asset documentation. SEB Webinars Deepen your knowledge with our Beyond Schedule C or Analyzing Schedule E Rental Income webinar. This short video will show you how Radian supports these transactions. How to Set Up and Conduct Virtual Meetings with Your Borrowers. Indexes, margins, caps and more3/6, 5/6, 7/6 to explore. Cookies help us improve your website experience. This hands-on course includes analysis for a PARTNERSHIP (1065/K-1) using a cash flow analysis method. They also provide insight to help you better understand diverse homebuyers and their needs. by ensuring employees have a deep understanding of our industry, business, and customers, as well as applying that knowledge in their role. Properties with solar panels are becoming increasingly common and can have a big impact on mortgage financing. We are often asked how mortgage insurance can support Construction-to-Permanent transactions. Audience:Loan Processors andJunior Underwriters. Effective September 18th, Fannie Mae will implement several new Desktop Underwriter, Looking for more info on title services? 1065/K-1 Partnership Analysis (with Schedule F) - Self-Employed Borrower, 1065/K-1 Partnership Analysis Self-Employed Borrower, 1120 Corporation Analysis - Self-Employed Borrower, 1120S/K-1 S-Corporation Analysis - Self-Employed Borrower, Analyzing Income for the Self-Employed Borrower, DU Live! If you have a group for in-person, on-site training, we can provide that, too. 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. By Letter: Genworth Financial-SIU. Audience:Loan OriginatorsandMarketing Staff. In this step, you'll start putting together your webinar outline and lay down the groundwork i,e. Analyzing Appraisals for Single Family Residences, Identifying the Key Areas of the Uniform Residential Appraisal Report, Audience:Loan Processors and Underwriters. 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 Connect with audiences through engaging webinars and events that support up to 1,000 participants. Leading the private mortgage insurance industry by supporting our customers and helping borrowers find a better way to achieve their dreams of homeownership. Show Training & Webinars Borrower Education resources Access resources to First Time Home Buyers Education and Landlord Counseling. 10 Keys to More Effective Presentation Skills. In this hands-on course, you'll learn the proper adjustments to help qualify your borrowers. 60-Minute Session Learn about checking and savings accounts, establishing ownership, stocks, bonds, mutual funds, and more. 30-Minute Session At your fingertips: the latest bulletin announcements and MGIC news releases regarding industry changes. TRID also regulates how much lenders can . 30-Minute Session to the residential appraisal. Arch MI is excited to bring you this important information with industry professional Ginger Bell. Using real world examples, participants will learn how to apply FNMA and FHLMC guidelines to the Schedule K-1, evaluate business liquidity and determine qualifying income. In this course, we will focus on the unique considerations of Sole Proprietorships and Corporations. The mortgage industry is starting to see the documentation reflecting those impacts in loan files. Our employees make a difference in people's lives every day. E-LEARNING & Previous Webinars Get easy access to National MI courses and our previously recorded webinars. 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 Discover untapped markets for additional business, understand the importance of content marketing, know what your borrowers value in a lender, create unique competitive advantages and examine a framework for selecting Realtor partners. Learn why line items matter on a Schedule C so you can properly make cash flow adjustments when analyzing the borrower who is a sole proprietor of a business. Selecting this will open a country selector model view. Our new Timely Topics video can assist you in preparing for these changes. Want to close more loans FASTER? Click, Notice of Insurance Information Practices. Leadership and Professional Development 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. Advanced Knowledge of training needs analysis, design, and development. These on-demand, quick-hitting videos bring you essential knowledge in 15 minutes or less. Learn how to activate borrower paid deferred MI with the click of a button! Earn free PDUs! Available formats: Featured Webinar,OnDemand Video. Please note:There is a nominal fee for this course. Stay connected to the latest mortgage insurance news, trends and expert insights with timely email alerts. Key Partnerships with learning and development companies. Planning for the Future with Your Spouse or Partner, Lets Talk: Conversations That Make A Difference, Talking To Aging Parents About Their Plans for the Future. 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. Understand and calculate basic types of borrower income, including second job and multiple job borrowers, contractual employees, base pay, overtime, and more. Making the Loan Application Process Easier, Audience:Loan Originators and Loan Processors. 30-Minute Session 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. Resources and training to support your business. Discover how our homebuyer education program can connect you with more potential borrowers. 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. Residential appraisals continue to evolve. Dubai is different than Dallas, for example . 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. This hands-on course includes analysis for a CORPORATION (1120) using a cash flow analysis method. 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! One type of reward we are seeing more frequently is the Restricted Stock Unit or RSU being used as qualifying income. LTCI Login, MondayThursday8:30 AM6 PM ETFriday9 AM6 PM ET, MondayThursday 8:30 AM6 PM ETFriday 9 AM6 PM ET. 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! TRID guidelines are designed to help borrowers understand the terms costs associated with of their loan more clearly before closing. This dynamic discussion highlights the expansion of diverse markets and strategies you can leverage to address this market shift. 20-Minute Micro Session You will also be pointed to helpful resources that you can utilize. Available formats: Webinar,On-Demand Video, On-Site Training (Contact your Arch MI Account Manager), The First Step in Understanding Acceptable Qualifying Income, Audience:Loan Originators, Loan Processors, Jr. Underwriters. At no additional cost to you or your borrower, upon closing, borrowers can select one of three benefits to add another layer of security to their lives. However, there are many resources, including required educational opportunities, available to help a new buyer navigate this process from start to finish. The COVID-19 pandemic has demanded so many changes over the past year, including how the mortgage industry reviews loan files. That's why we've expanded on the GSE's nontraditional credit guidelines to create accessibility for underserved, yet credit-worthy borrowers. Three keys to becoming a better listener. We do this by providing private mortgage insurance to low down-payment borrowers while protecting lenders and investors against losses related to default. 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. MGIC's recorded tutorial videos are available on-demand and at no charge, offering the guidance you need, when you need it. Creating a Customer Communication Strategy Plan, Keeping Customers Informed and Engaged in a Virtual World. Here is a list of some of our favorite free TRID training links: Free CFPB TRID Implementation Page. Targeted or advertising cookies collect information about your browsing habits. Getting a mortgage is one of the most stressful things people go through. Coming up Build Engaging Presentations. Browse Classes CLASS CALENDAR You are protected With guidance from an Essent facilitator, participants will practice calculating the eligible monthly qualifying income for four different variable income types. 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. In addition to helping our employees with their training, leadership, and development needs, we also partner with various learning and development companies to help our employees drive their business performance. Our podcast library features industry leading experts from finance and personal growth. The case study includes analysis for apartnership (K-1/1065)and a corporation (1120). These fees may have a direct impact to both lenders and borrowers. Check out our latest posts below, and be sure to listen in to our latest episode. IMPORTANT: Do not close this window until you enter the confirmation code. Your guide to using mortgage origination and servicing tools. 12:00pm (PT) In this short video, Radian National Training will touch on how these fixtures can impact the mortgage process. Watch Webinar Recording Evaluating and Calculating Borrower Income - Focus on Fixed and Variable Sources Who Should Attend: Loan Officers, Processors, Underwriters Webinar Materials: https://www.mgic.com/training/seminar-materials/evaluating-and-calculating-borrower-income 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. 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. Training solutions include a comprehensive list of items to help like job aids . Radian's MI Online customer portal makes submitting and activating MI quick and easy. This hands-on course includes analysis for a CORPORATION (1120) using a cash flow analysis method. View The Training Catalog Self-Employed Borrower Tools We get it, mental math is hard. Learn how different storytelling techniques, presentation materials, and delivery styles can improve how you give presentations to others. Share this document with a friend. This hands-on course includes analysis for a PARTNERSHIP (1065/K-1/Schedule F) using a cash flow analysis method. Learn how to calculate qualifying income for a self-employed borrower. For a first-time homebuyer, the process comes with a lot of unknowns. 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). Processors andUnderwriters. Blaine Rada, the host of Arch MI's Insights podcast series, is an experienced training coach and industry speaker who understands the challenges of competing for business in the mortgage marketplace. 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. Visit our Training catalog to register for an account using your NMLS ID. Click here. Start planning for long term care so they can live life with confidence. We have a history of valuing employee development at Genworth that is evident at every level in the organization. Watch Webinar Recording Self-Employed Borrowers - Focus on Corporations and Financial Statements This webinar was recorded on January 26, 2023. Conventional loans are much more common than government-backed financing. At Sagen, our trained mortgage information specialists are here to answer your questions, provide more information on our value-added products and services, and help you with any other aspect of doing business with us. We will also review the principles of profit and loss statement requirements, net operating loss carryover considerations and person debts paid by the business. Richmond, VA 23230. Are you ready for the potential surge of Construction-to-Permanent loans as a result? Fannie Mae has adjusted loan criteria and updated their systems to accommodate more borrowers without credit scores and help simplify the process for lenders, Residential appraisals continue to evolve. Learn some of the industry lingo while exploring the importance of Valid AUS Findings to the loan file. Its been discovered that motivated buyers will use the first person that calls them back 80% of the time. With National MI University, you have access to training resources that cover more than just industry-leading topics. To get started with ordering MI and servicing assistance from MGIC, begin with a review of our submission options and helpful resources. General Dwight Eisenhower said, Plans are nothing. *The Coverage Needs Estimator is not available for all policy forms. 3. of training needs analysis, design, and development. This webinar was recorded on January 24, 2023. Arch MI trains mortgage professionals to compete in todays fast-paced lending environment. 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. The First Decision Approval video covers all the key underwriting documents required to obtain an MI Approval for non-delegated submissions. Processors andUnderwriters. 2023 Genworth Financial, Inc. All rights reserved. First Class Training for administration and facilities roles. Watch Webinar Recording How to Review an Appraisal This webinar was recorded on February 23, 2023. FHA or Enact MI? Monday-Thursday 8:30 AM-6 PM ET. A webinar can be a powerful training and outreach tool, but the decision to use a particular tool should be based on your goals and the needs of your audience. This course will help you strengthen your mortgage skills and knowledge. 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. Understand the impact of mortgage fraud, how to spot it and how to prevent it. 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. Toggle Nav. 60-Minute Session Learn the basics of applying Fannie Mae's & Freddie Mac's conventional guidelines on rental income in qualifying for a mortgage. Want to gain a better understanding of earnings, distributions and liquidity analysis? The Global Learning & Development team offers our employees opportunities to grow and develop in and out of the classroom. Youll also review business tax returns and learn the differences between the business structures. 20-Minute Micro Session Suggested Prerequisite: Business Tax Returns 201, Unique Considerations for Partnerships and S Corporations. Whether you communicate in-person or online, with spoken words or written words, delivering a clear and compelling message is more challenging than ever. By using our website, you agree to our use of cookies. In this webinar, Ginger Bell will demonstrate how to share your screen with borrowers via virtual meetings and record videos using Zoom. Intended Audience: New loan officers, processors and other mortgage operations professionals. Bring your calculator and be ready to practice what you learn. More and, more loan files reflect different types of, compensation. Home Suite Home is an exclusive Enact program that helps your borrowers feel more secure in their new home. The following Genworth training webinars deliver the advantage of a live instructor with the convenience of learning right from your desk. Various income sources, from Social Security to interest income and capital gains, will be discussed as well as income trending and non-taxable income. Genworth is committed to helping families become more financially secure, self-reliant, and prepared for the future. Radian Guaranty Inc. can help lower the risk for lenders making these types of loans, thereby helping potential borrowers qualify on a new construction property. Ask Yourself Whether a Webinar Is the Right Tool for Your Needs. 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. 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. Creating Separation Between You and Your Competitors, Audience:Loan Originators, Managers and Marketing Staff. Defining common terms and theories, such as nonrecurring vs. recurring income or expenses, distributions and guaranteed payments, will help you develop a clearer picture of your self-employed borrower's income and financial standing. Are you ready to discuss the Adjustable Rate Mortgage (ARM) option with your customers? The practice exercises include various salaried, military, teacher and non-taxable income scenarios. 2023Essent Guaranty, Inc. All Rights Reserved. Discover how our homebuyer education program can connect you with more potential borrowers. Enhance your understanding of self-employed borrowers and develop an understanding of the components of business tax returns. 60-Minute Session 20-Minute Micro Session In this featured webinar, Kristin Messerli, leading strategist on NextGen finance and homeownership, will provide participants with new research and best practices to design better housing and finance solutions for millennial and Gen Z women to boost sales and revenue in 2023. Get the latest updates, industry trends, and guideline changes on GSE-related policies. 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. 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! Youll learn how to identify the types of individuals you could most likely conflict with, redirect conversations to a positive conclusion, and create alignment between you and the person you are experiencing a conflict with. by supporting specific courses, continuing education and designations necessary for our technical professionals to maintain the most current information for their area of expertise. 60-Minute Session Interest rates continue to rise to levels we have not seen in years. It requires that our employees embrace the need to regularly evaluate their own knowledge and skill sets. Use Arch MI resources to assist you in your loan processing review. 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. To assist our customers in facing the challenges of this changing work structure, our Essentials Training team has designed a series of micro-learning topics that focus on the skills . Diversity, Equity & Inclusion, Social Responsibliity, National MI Benefits, Current Job Openings, Creating Clients the Ninja Way with Rebecca Lorenz, Insights from the 2023 NextGen Womens Homeownership Report with Kristin Messerli. We deliver skill-building training programs and special events right to your desk through our webinars. 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.
