Advanced FHA Underwriting (http://solutions.allregs.com/
When: Tuesdays, March 4, 11, 18, and 25, 2014 | Time: 2:00 pm – 3:30 pm ET
The Federal Housing Administration continues to evaluate their guidelines and make changes to many of their policies, making underwriting these loans intimidating – even for seasoned underwriters. AllRegs Academy’s Advanced FHA Underwriting can help underwriters expand their knowledge and get up to speed quickly on FHA loans.
By the end of this course, students will be able to manually underwrite and take appropriate actions based on their credit analysis, understand and execute special underwriting circumstances, fluently underwrite any type of FHA refinance, and understand condominium approvals and complex property appraisals.
“My hope for the Advanced FHA course is to ‘add the roof to the house!’” said Course Instructor and Senior Underwriter for MGIC Hali Plachecki. “The course was designed to bring to the DE Underwriter some difficult issues that may not be a part of everyday underwriting, but with experience we are all somehow magically expected to know. Additional hands-on application of principals and mortgage credit analysis will hopefully instill the knowledge, comfort, and confidence to tackle advanced issues that often trickle down to an underwriter!
Collateral Analysis: Reviewing Appraisals (http://solutions.allregs.com/
When: Wednesdays, March 5, 12, 19, and 26, 2014 | Time: 2:00 pm – 3:30 pm ET
For professionals new to the appraisal process, this is the solution for you. AllRegs Academy’s Collateral Analysis: Reviewing Appraisals provides an in-depth overview of the appraisal and the steps taken in developing an estimation of value. It is designed for students new to the appraisal review process including processors, junior underwriters, quality control staff, and anyone who wants to better understand the appraisal review process when making loan decisions.
“I hope to provide a slightly different view point on the topic,” said Course Instructor and Community Development Director Michael D. James. “I have been the salesman trying to get underwriting to approve a deal, and I have been the underwriter listening to the salesman’s plea to approve the deal. I hope to share my well-rounded perspective with the students.
Taking the Steps to Mortgage Compliance Regulations (http://solutions.allregs.com/
When: March 19 – April 23, 2014
Kick Off Meeting: Wednesday, March 19, 2014, 2:00 - 3:30 pm ET
Course Wrap-up Meeting: Wednesday, April 23, 2014, 2:00 - 3:30 pm ET
Federal regulations change frequently and impact the role of every mortgage professional. Mortgage compliance is a key component for succeeding as a mortgage lender, broker, servicer, investor, regulatory attorney, and other mortgage professionals. In the mortgage industry, everyone must be able to respond at a rapid pace.
AllRegs Academy's Taking the Steps to Mortgage Compliance Regulations is designed to provide a basic overview of federal mortgage regulations that apply over the life of a mortgage loan beginning at the point of origination and touching on each stage of the mortgage loan process through servicing.
About the AllRegs Academy
AllRegs provides the most current online mortgage regulation analyses and commentary in the industry. AllRegs Academy, a leader in mortgage training and education, combines these timely resources with various mortgage origination training opportunities and delivery modes to provide students with a unique educational experience - quality curriculum and learning activities enhanced with the most current regulations and industry updates. The goal of AllRegs Academy is to offer industry professionals convenient, relevant, and affordable training.
Each month, AllRegs Academy enlists industry experts to provide online or in-person training in a variety of formats to give mortgage professionals the access they need to the highest-quality training. To learn how your company can take advantage of online courses offered by AllRegs call (800) 848-4904 or visit AllRegs Academy at www.allregs.com.