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. WITH RESPECT TO THESE MATERIALS AND THE RELATED TRAINING. Enhance your reputation by aligning your market, message and media. Five Values that establish your intentions and ensure your communication is understood and acted on. This webinar was recorded on January 24, 2023. For more information about Genworth Training, contact your Genworth sales representative, call the Genworth ActionCenter at 800 444.5664, or you can . 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! Please note:There is a nominal fee for this course. Our featured live webinars focus on timely subjects, usually tied to recent regulatory changes, real-time events or current needs like how to navigate virtual meetings. Fine-tune your communication skills to improve sales performance. both public and private, who buy the mortgage notes.. Earn free PDUs! 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. 90 minutes. Skip to Main Content Audience:Loan Processors, Loan Processors and Jr. Underwriters. Learn simple techniques you can use to set loans up for success. 60-Minute Session MGIC's recorded tutorial videos are available on-demand and at no charge, offering the guidance you need, when you need it. Our complimentary trainings highlighted below support our vision of a diverse, engaged and inclusive workforce. Find what you need to know about MGICs mortgage insurance rates. Financial Professionals login optionsopens in new window, MyCarescout Login 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. Effective September 18th, Fannie Mae will implement several new Desktop Underwriter, Looking for more info on title services? Participants will receive a cash flow worksheet (pdf) and a calculator (excel), which will aid in the application of their learning on the job. Join IIL's free webinars, for skilling up on project management, leadership, agile and scrum, communication, and work-life balance. Join us as we demonstrate types, break-even points and more. Strategic Business Partnerships with Genworth functions, businesses, human resources managers, and talent development leaders. Youll also review business tax returns and learn the differences between the business structures. These on-demand, quick-hitting videos bring you essential knowledge in 15 minutes or less. Intended Audience: New loan officers, processors and other mortgage operations professionals. 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. Learn how the Borrower-Paid Single Mortgage Insurance option works for borrowers and lenders. Intended Audience: new loan officers, processors and other mortgage operations professionals. Arch MI offers a mix of live and on-demand webinars and customized on-site training. In this webinar, Ginger Bell will demonstrate how to share your screen with borrowers via virtual meetings and record videos using Zoom. Learn how to activate borrower paid deferred MI with the click of a button! The marketplace can be challenging, and salespeople must differentiate themselves to create and retain clients and referral partners. You will learn how to apply FNMA and FHLMC guidelines to the Schedule K-1, evaluate business liquidity and determine qualifying income. conducted on an ongoing basis to monitor employee satisfaction. 3. This hands-on course includes analysis for a PARTNERSHIP (1065/K-1/Schedule F) using a cash flow analysis method. Genworths success is dependent on our response to that change. More and, more loan files reflect different types of, compensation. Stay connected to the latest mortgage insurance news, trends and expert insights with timely email alerts. 60-Minute Session Webinars Fulfill Your Training Needs with Webinars. Our new training option offers brief, focused videos to increase your knowledge in 15 minutes or less! It's not rocket science, so why can't this be you? Todays employers have found unique ways to compensate or reward their employees. Training Resources Get instant access to the tools, guidance and training materials for our professional education courses. We have committed to developing our employees because these changes in the marketplace require new competencies. 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. A conventional loan is a type of mortgage loan that is not insured or guaranteed by the government. 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. But after this 60-minute webinar, you'll be able read one like a pro. 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. Getting a mortgage is one of the most stressful things people go through. For a first-time homebuyer, the process comes with a lot of unknowns. Learn the basics of applying Fannie Mae's & Freddie Macs conventional guidelines on rental income in qualifying for a mortgage. Find everything you need to succeed right here, whether it be training, lead generation or networking. Watch our step-by-step video tutorials on how to use Radians MI Online platform. Access resources to First Time Home Buyers Education and Landlord Counseling. Monday-Thursday 8:30 AM-6 PM ET. Led by our team of experienced educators, youll get hands-on, practical training on topics that are relevant to your everyday operations. So how do you assist your next borrower and help them purchase the home of their dreams? 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. 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. Intended Audience: Mortgage professionals who have at least one years underwriting experience and a solid understanding of the various business structures and tax forms. The temporary buydown is making a comeback, but do you know how it works? 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. 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. Embed Size (px . Success leaves clues. Participants will receive our cash flow analysis tools, a cash flow worksheet (PDF) and calculator (Excel) to help you in your daily practice. 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. Pilson, Timmie (Genworth) Created Date: 10/27/2010 3:33:25 PM Other titles: Income Calculation Worksheet Company: GMAC ResCap . Use Arch MI resources to assist you in your loan processing review. Bring your calculator and be ready to practice what you learn. Understand what documents to gather, how to review and verify required documentation, and prepare the loan application for underwriting. Performance cookies collect information about how you use our website, which helps us improve functionality and your user experience. 60-Minute Session 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! Todays employers have found unique ways to, compensate or reward their employees. SEB Borrower Workshop Explore our Course Catalog and contact your Radian Account Manager to schedule a session for your company. 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. Mortgage professionals participating in this course will learn Agency guidelines for analyzing variable income in addition to learning how to identify potential sources of variable income. Get registered for training on AEP, OEP, selling strategies, plans and products, technology tools, and more. 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. With National MI University, you have access to training resources that cover more than just industry-leading topics. I am fortunate to provide education and support to Advisors nationwide regarding the importance of LTC Planning and the various of solutions . 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. 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. You are protected The real estate and housing markets are experiencing an unprecedented shortage of existing homes. Delivered by respected financial services industry experts, our webinars are timely, relevant and engaging. Available formats: Webinar,OnDemand Video, Understanding Self-Employed Borrowers and Business Tax Returns, Audience:Loan Originators, Sr. Reach NextGen, Multicultural, and Multigenerational Homebuyers and learn more about how you can better educate and serve this important and vital demographic. This hands-on course includes analysis for a S-CORPORATION (1120-S/K-1) using a cash flow analysis method. Home Suite Home is an exclusive Enact program that helps your borrowers feel more secure in their new home. Financial Professionals login optionsopens in new window, MyCarescout Login Training solutions include a comprehensive list of items to help like job aids . Confused about K-1s? Sagen offers professional development workshops that . 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. Participants learn how to apply FNMA and FHLMC guidelines to the Schedule K-1, evaluate business liquidity and determine qualifying income. with Genworth functions, businesses, human resources managers, and talent development leaders. 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. Whether you communicate in-person or online, with spoken words or written words, delivering a clear and compelling message is more challenging than ever. Looking for more info on MI Online or need to register as a new user? In reviewing each section, you will develop a broader understanding of the appraisal and the Sales Comparison Approach. High demand and low inventory are driving purchase prices well above the list price. Coming up Build Engaging Presentations. COURSES & REGISTRATION See our full list of upcoming classes and register. The mortgage industry is starting to see the documentation reflecting those impacts in loan files. That's why we've expanded on the GSE's nontraditional credit guidelines to create accessibility for underserved, yet credit-worthy borrowers. Want to close more loans FASTER? 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. 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. Mortgage fraud has been around a long time and it continues to be one of the fastest-growing crimes in the United States. Learn about checking and savings accounts, establishing ownership, stocks, bonds, mutual funds, and more. Give your loved ones the confidence of knowing they will always be cared for. Learn More. of training needs analysis, design, and development. 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. to make learning and development activities more flexible, global, cost effective, and engaging. Review the W-2, 1120S & K1 Using Fannie Mae's 1084. Review and Calculate Miscellaneous Non-Employment Income, Review Income Sources (such as Public Assistance, Disability, Tips, Foster Care, Social Security), Appraisal Underwriting - Part I The Basics, Reviews Basic Appraisal Theory and the Concept of Market Value, Liabilities: Calculating and Modifying the DTI, Review the Relationship of the P&I vs. Borrower Debt to the DTI, Self-Employed Borrower Form 1084 Part I - The Personal Tax Return, Calculate Income for Fannie Mae from Personal Tax Returns, Review Basic Calculations of Salary and Hourly Income, Self-Employed Borrower Form 1084 Part II - The Business Tax Return, Calculate Income for Fannie Mae for Partnerships and S Corporations, Including K-1 Income, Effective Application Interviewing and Review, What is Needed for a Complete Uniform Residential Loan Application, Appraisal Underwriting - Part II Focus on the Sales Comparison, Current Issues Surrounding the Sales Comparison Section of the Uniform Residential Appraisal Form, Rental Income Calculator and Quick Reference Guide for Rental Income, Completion of Schedule F Using 1084 Cash Flow Analysis Form, Utilize Resources to Grow Business - Focus on Actions that Create Loyalty, Critical Thinking and Problem Solving: Structuring a Loan Application. Long Term Care Insurance Forms, Life Insurance Forms, or Annuities Forms. E-LEARNING & Previous Webinars Get easy access to National MI courses and our previously recorded webinars. 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. Effective May 1st, the GSEs, Fannie Mae & Freddie Mac, have announced that there will be changes made to the loan level pricing adjustments, or LLPA, fees. E-Learning: Remote Work Series. Are you ready to discuss the Adjustable Rate Mortgage (ARM) option with your customers? Dont worry! Find out the actual cost of a variety of long term care options nationally, as well as right where you live. Start your day smarter. Contact yourArch MI Account Managerfor details. 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 . March 2023. Ask Yourself Whether a Webinar Is the Right Tool for Your Needs. This desire to build further change resilience requires a reinvigorated leadership focus on growing our employees capabilities and enhancing processes that drive development. Before your next file review, be sure you know what to expect. 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. Click any title below to learn more and register. Discover why you will, too. Want to gain a better understanding of earnings, distributions and liquidity analysis? Our employees make a difference in people's lives every day. Learn about the various tax returns and forms in this introductory class. 60-Minute Session Learn the basics of applying Fannie Mae's & Freddie Mac's conventional guidelines on rental income in qualifying for a mortgage. 12:00pm (PT) Looking for more info on title services? Please enable Strictly Necessary Cookies first so that we can save your preferences! about experiencing the effects of aging firsthand. In this workshop, you'll learn how to identify when fraud and misrepresentation are occurring. The case study includes analysis for apartnership (K-1/1065)and a corporation (1120). Select Download Format Genworth Calculator And Quick Reference Guide Download Genworth Calculator And Quick Reference Guide PDF Download Genworth Calculator And Quick Reference Guide DOC Site is lenders, and enforceable mortgage insurance Collaborated with Genworth Sales Staff to strengthen customer relationships through training, to leverage customer decisions and to help ensure Genworth received a stronger book of business . Get access to essential resources that can help make your job easier. Various income sources, from Social Security to interest income and capital gains, will be discussed as well as income trending and non-taxable income. Microsoft Teams webinars Meet with customers and coworkers from nearly anywhere. LTCI Login, MondayThursday8:30 AM6 PM ETFriday9 AM6 PM ET, MondayThursday 8:30 AM6 PM ETFriday 9 AM6 PM ET. To get started with ordering MI and servicing assistance from MGIC, begin with a review of our submission options and helpful resources.