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Putting the Pieces Together - 4 C's of Mortgages
Topic: MPF Solutions
June 20
11:00 am EST (90 minutes)
Register | +
MGIC's Putting the Pieces Together course takes the main piece of the home-buying process and explains each piece, from taking the loan to closing, servicing and selling it. Participants will learn the 4-C's of the mortgage industry-- Credit, Capacity, Capital and Collateral -- can help you determine whether a consumer can be successful homeowner.
Participants will learn how to understand the mortgage cycle, take the loan application, process the loan application, evaluate the 4 C's and understand how mortgage insurance works.
This webinar is recommended for Loan Officers, Loan Processors, Underwriters and Loan Closers to see how they fit into the big picture.
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Investor Reporting
Topic: Application Process, MPF Solutions
June 25
11:00 am EST (90 minutes)
Register | +
This webinar is designed to provide your servicing staff with increased knowledge on how to reduce errors and discrepancies associated with investor reporting and the P&I and T&I custodial account reconciliations.
- Identify adjustments associated with all remittance types.
- Review the initial and final TAR and identify common exceptions.
- Explain how to research and clear differences using the Exception Clearing Report.
This presentation is recommended for the mortgage accounting and/or servicing staff.
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Temporary Loan Modification Plan
Topic: MPF Solutions
June 27
11:00 am EST (90 minutes)
Register | +
The MPF Program presents an overview of its first mortgage temporary loan payment modification plan for MPF portfolio products as updated by PFI Notice 2011-6 published December 13, 2011.
Join us for a 60-minute training session which will provide detailed information about the plan for borrowers who are in default or facing imminent default.
The presentation is designed to highlight:
- Plan options
- Eligibility
- Underwriting the request
- Loan modification process
- Implementation process
- Disclosures and reporting
The presentation is recommended for your servicing and loss mitigation departments.
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Detecting and Avoiding Fraud in Loan Files
Topic: MPF Solutions
July 1
11:00 am EST (90 minutes)
Register | +
This webinar focuses on understanding what constitutes fraud hot spots, cost, and affect to lenders and communities, and how to identify red flags in the mortgage loan file. Participants develop their awareness of fraud by reviewing documents from actual fraud investigations. Discussion includes tips for minimizing fraud risk, which could save their company thousands of dollars in losses.
The presentation is recommended for:
- Loan Officers
- Processors
- Underwriters
- Closers
- Quality Control staff
We recommend participants become familiar with the contents of the following MPF Guide chapters before the webinar: Origination Guide Chapters 26, 28.11, 31.8
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Independence Day
July 4
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MGIC's Introduction to Underwriting
Topic: MPF Solutions
July 18
11:00 am EST (90 minutes)
Register | +
In MGIC’s Introduction to Underwriting workshop, you will get the tools you need to:
• Understand the “why” of guidelines
• Assess the risks of the loan request
• Efficiently underwrite loan applications
• Properly document the mortgage file including:
• To meet Desktop® (DU®) or Loan Prospector® (LP) requirements
• For unusual circumstances
In this session, you will evaluate a sample loan file using the 4 C’s of underwriting with your underwriter’s pen in hand.
The presentation is recommended for: Loan Officers, Processors, Underwriters, Quality Control staff
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MPF Custody Process
Topic: About MPF, MPF Solutions
July 25
11:00 am EST (90 minutes)
Register | +
The MPF Program presents a webinar designed to provide your staff with increased understanding of the processes involved in the delivery of custodial documents and what happens “behind the scenes”:
- Which documents are required and why
- What happens after the files are delivered
- How to request a file
- Evaluation of preliminary and final invoices
- Custody Reports
The presentation is recommended for: Loan Processors, Loan Closers, and Loan Delivery Staff and Quality Control Auditors
We recommend participants review the following MPF Guide material before the webinar:
- Origination Guide Chapter 24
- Origination Guide form OG7 and Exhibits H, I, K and L
- Servicing Guide Form SG340
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Labor Day
September 2
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Columbus Day
October 14
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Veteran's Day
November 11
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Thanksgiving Day
November 28
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Christmas Day
December 25
FREE online MPF workshops for all members! Register early, space is limited!
To register for these webinars, click the Register link next to the workshop or email MPFTraining@fhlbc.com and copy fhlbny@fhlbny.com.
The email should contain the workshop name, webinar date, participant's name, institution, email address, phone number, and street mailing address. You will receive a confirmation and schedule once your registration is received.
Approximately one week prior to the presentation, you will receive an email with instructions on how to access the presentation on the Internet and the audio portion through a conference call.
If you should have any questions regarding these workshops or the MPF Program, please contact either Heather Gostomski at (212) 441-6701, Tom Doyle at (212) 441-6712 or the MPF help desk at (877) 345-2673.
-
Putting the Pieces Together - 4 C's of Mortgages
Topic: MPF Solutions
June 20
11:00 am EST (90 minutes)
Register | +
MGIC's Putting the Pieces Together course takes the main piece of the home-buying process and explains each piece, from taking the loan to closing, servicing and selling it. Participants will learn the 4-C's of the mortgage industry-- Credit, Capacity, Capital and Collateral -- can help you determine whether a consumer can be successful homeowner.
Participants will learn how to understand the mortgage cycle, take the loan application, process the loan application, evaluate the 4 C's and understand how mortgage insurance works.
This webinar is recommended for Loan Officers, Loan Processors, Underwriters and Loan Closers to see how they fit into the big picture.
-
Investor Reporting
Topic: Application Process, MPF Solutions
June 25
11:00 am EST (90 minutes)
Register | +
This webinar is designed to provide your servicing staff with increased knowledge on how to reduce errors and discrepancies associated with investor reporting and the P&I and T&I custodial account reconciliations.
- Identify adjustments associated with all remittance types.
- Review the initial and final TAR and identify common exceptions.
- Explain how to research and clear differences using the Exception Clearing Report.
This presentation is recommended for the mortgage accounting and/or servicing staff.
-
Temporary Loan Modification Plan
Topic: MPF Solutions
June 27
11:00 am EST (90 minutes)
Register | +
The MPF Program presents an overview of its first mortgage temporary loan payment modification plan for MPF portfolio products as updated by PFI Notice 2011-6 published December 13, 2011.
Join us for a 60-minute training session which will provide detailed information about the plan for borrowers who are in default or facing imminent default.
The presentation is designed to highlight:
- Plan options
- Eligibility
- Underwriting the request
- Loan modification process
- Implementation process
- Disclosures and reporting
The presentation is recommended for your servicing and loss mitigation departments.
-
Detecting and Avoiding Fraud in Loan Files
Topic: MPF Solutions
July 1
11:00 am EST (90 minutes)
Register | +
This webinar focuses on understanding what constitutes fraud hot spots, cost, and affect to lenders and communities, and how to identify red flags in the mortgage loan file. Participants develop their awareness of fraud by reviewing documents from actual fraud investigations. Discussion includes tips for minimizing fraud risk, which could save their company thousands of dollars in losses.
The presentation is recommended for:
- Loan Officers
- Processors
- Underwriters
- Closers
- Quality Control staff
We recommend participants become familiar with the contents of the following MPF Guide chapters before the webinar: Origination Guide Chapters 26, 28.11, 31.8
-
MGIC's Introduction to Underwriting
Topic: MPF Solutions
July 18
11:00 am EST (90 minutes)
Register | +
In MGIC’s Introduction to Underwriting workshop, you will get the tools you need to:
• Understand the “why” of guidelines
• Assess the risks of the loan request
• Efficiently underwrite loan applications
• Properly document the mortgage file including:
• To meet Desktop® (DU®) or Loan Prospector® (LP) requirements
• For unusual circumstances
In this session, you will evaluate a sample loan file using the 4 C’s of underwriting with your underwriter’s pen in hand.
The presentation is recommended for: Loan Officers, Processors, Underwriters, Quality Control staff
-
MPF Custody Process
Topic: About MPF, MPF Solutions
July 25
11:00 am EST (90 minutes)
Register | +
The MPF Program presents a webinar designed to provide your staff with increased understanding of the processes involved in the delivery of custodial documents and what happens “behind the scenes”:
- Which documents are required and why
- What happens after the files are delivered
- How to request a file
- Evaluation of preliminary and final invoices
- Custody Reports
The presentation is recommended for: Loan Processors, Loan Closers, and Loan Delivery Staff and Quality Control Auditors
We recommend participants review the following MPF Guide material before the webinar:
- Origination Guide Chapter 24
- Origination Guide form OG7 and Exhibits H, I, K and L
- Servicing Guide Form SG340
FREE online MPF workshops for all members! Register early, space is limited!
To register for these webinars, click the Register link next to the workshop or email MPFTraining@fhlbc.com and copy fhlbny@fhlbny.com.
The email should contain the workshop name, webinar date, participant's name, institution, email address, phone number, and street mailing address. You will receive a confirmation and schedule once your registration is received.
Approximately one week prior to the presentation, you will receive an email with instructions on how to access the presentation on the Internet and the audio portion through a conference call.
If you should have any questions regarding these workshops or the MPF Program, please contact either Heather Gostomski at (212) 441-6701, Tom Doyle at (212) 441-6712 or the MPF help desk at (877) 345-2673.
