We deliver skill-building training programs and special events right to your desk through our webinars. 

Special Event Live

60 minutes

Demystifying the K-1 Analysis

Who Should Attend:
Processors, underwriters, loan officers
Overview:
When can I use income from the K-1 for qualifying? How do distributions influence my income calculation? Why does liquidity sometimes influence my loan approval? Join us for this 60-minute session as we unravel the mystery of calculating stable income for borrowers with ownership in Partnerships and S Corporations. During the session we'll also answer questions and share a new tool with you.

Live Webinar

September 20, 2:00 PM CST

Rebecca Chase

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Live Webinar

September 26, 10:30 AM CST

Rebecca Chase

Register
Rebecca Chase:

Rebecca Chase came to work for MGIC in 1998 as an underwriter, polished herself into a senior underwriter and then discovered the joy of customer training. Her extensive banking background also includes front-end experience as a loan officer and a sales manager.

Rebecca attended Marquette University in Milwaukee, Wis. Born in the very small town of Ohio, Ill., population 523, she is a transplanted Midwesterner living in balmy Florida. When she’s not at work, you’ll find her at the beach, reffing a pro beach volleyball match.

Skill-Based

75 minutes

Evaluating and Calculating Borrower Income

Who Should Attend:
Processors, underwriters, loan officers
Overview:
Thorough evaluation and accurate calculation of borrower income is critical in making an informed underwriting decision. Will the borrowers be able to make their new mortgage payment AND meet all of their other monthly obligations?

During this live training webinar you will learn about:

– Varied income sources
– Documentation requirements
– How to calculate various types of income
Note:
This class does not include evaluating self-employed borrowers. MGIC offers Self-Employed Borrower classes for analyzing personal and business tax returns.

Live Webinar

September 06, 2:00 PM CST

Rebecca Chase

Register
Rebecca Chase:

Rebecca Chase came to work for MGIC in 1998 as an underwriter, polished herself into a senior underwriter and then discovered the joy of customer training. Her extensive banking background also includes front-end experience as a loan officer and a sales manager.

Rebecca attended Marquette University in Milwaukee, Wis. Born in the very small town of Ohio, Ill., population 523, she is a transplanted Midwesterner living in balmy Florida. When she’s not at work, you’ll find her at the beach, reffing a pro beach volleyball match.

Skill-Based

60 minutes

Evaluating Borrower Assets

Who Should Attend:
Processors, underwriters, loan officers
Overview:
Thorough evaluation of borrower assets is critical in making an informed underwriting decision. Have the borrowers demonstrated an ability to save? Do they have assets sufficient to close the loan and satisfy reserve requirements?

During this live training webinar you will learn about:

– Different types of assets
– Documentation requirements
– Funds required for closing and for reserves

Live Webinar

September 11, 10:30 AM CST

Rebecca Chase

Register
Rebecca Chase:

Rebecca Chase came to work for MGIC in 1998 as an underwriter, polished herself into a senior underwriter and then discovered the joy of customer training. Her extensive banking background also includes front-end experience as a loan officer and a sales manager.

Rebecca attended Marquette University in Milwaukee, Wis. Born in the very small town of Ohio, Ill., population 523, she is a transplanted Midwesterner living in balmy Florida. When she’s not at work, you’ll find her at the beach, reffing a pro beach volleyball match.

Skill-Based

90 minutes

How to Review an Appraisal

Who Should Attend:
Processors, underwriters, loan officers
Overview:
In MGIC’s Residential Appraisal Review training webinar, you will get the tools you need to help build and strengthen your appraisal evaluation skills. The more familiar you become with typical secondary market guidelines, learn what reports are available, and develop a deeper understanding of certain cautionary items that help identify potential problems, the better you will be at evaluating an appraisal.

In this session, you will:
• Analyze the Uniform Residential Appraisal Report (URAR 1004/70), including interior and exterior photos, location map and floor plan sketch
• Analyze the Market Conditions Addendum (1004MC/71)

This workshop provides the most up-to-date appraisal information and tools, including:
• A resource manual to keep at your desk as a handy reference after completing the training
• An appraisal review checklist that helps identify potential cautionary items
• Samples of other agency report forms

Live Webinar

September 06, 10:30 AM CST

Rebecca Chase

Register

Recorded Webinar

Watch Now
Rebecca Chase:

Rebecca Chase came to work for MGIC in 1998 as an underwriter, polished herself into a senior underwriter and then discovered the joy of customer training. Her extensive banking background also includes front-end experience as a loan officer and a sales manager.

Rebecca attended Marquette University in Milwaukee, Wis. Born in the very small town of Ohio, Ill., population 523, she is a transplanted Midwesterner living in balmy Florida. When she’s not at work, you’ll find her at the beach, reffing a pro beach volleyball match.

Skill-Based

60 minutes

LinkedIn strategies for loan officers

Who Should Attend:
Loan officers, managers, mortgage professionals
Overview:
This 60-minute webinar offers insight on using LinkedIn to reach a broader audience. You will gain a better understanding of LinkedIn basics to increase your visibility, and come away with tips on sharing and searching inside LinkedIn. You'll also discover the value that LinkedIn groups provide.

Live Webinar

September 19, 11:00 AM CST

Ben Smidt

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Recorded Webinar

Ben Smidt

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Ben Smidt:

Ben Smidt serves as MGIC’s Digital Marketing Program Manager. He leads corporate development and management of MGIC's digital marketing strategy. This includes establishing a clear vision for all digital marketing initiatives and providing strategic direction for the company's social media marketing efforts. His primary goal is to increase brand awareness and improve user experience (UX). Additional responsibilities include PPC budget strategy and management of ad spend.

In addition to the insurance industry, Ben has a combined 10 years experience in computer software, education and publishing industries. His focus has always remained in the area of education and digital marketing for media and technology.

He holds an MA from Marquette University in media channel effectiveness and digital communications, as well as a BS from UW-Madison focused in communications. He resides with his wife, daughter and son in Wauwatosa, Wisconsin.

Skill-Based

30 minutes

Mortgage Insurance Basics

Who Should Attend:
Processors, underwriters and loan officers new to the mortgage business or looking to refresh their knowledge about mortgage insurance
Overview:
Max Karl, a Milwaukee real estate attorney, found a better way for lenders to originate low-down payment loans when he founded MGIC in 1957.

Today, the mortgage industry offers more financing alternatives for high-LTV lending, yet mortgage insurance remains one of the safest, most affordable options for both lenders and borrowers.

Join us for this fundamental webinar, and get acquainted — or reacquainted — with the basics of mortgage insurance. You will:
• Consider, compare and conclude which options are best for borrowers;
• Understand what MI is and how it works;
• Demystify some of the misunderstandings and misinformation surrounding MI
• Learn how to calculate MI rates based on popular premium plans.

Live Webinar

September 12, 10:30 AM CST

Scott Meerstein

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Recorded Webinar

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Scott Meerstein:
Scott Meerstein joined MGIC in 2004 and is currently a Lead Inside Account Manager for the West Central Region. In this role, Scott manages account relationships and introduces customers to MGIC's tools and resources. In the past, he's held the position of mortgage loan processor and correspondent loan auditor.

Scott has trained on topics such as, MI Basics, Millennial Marketing, and Low Down Payment Lending.

Special Event Live

60 minutes

Preventing Mortgage Fraud - Take a Closer Look

Who Should Attend:
Lenders
Overview:
Prevention is the best protection. The damages of mortgage fraud cost time and energy, not to mention money. How can you help prevent it? Take a closer look... do you see red flags? It's not always easy to spot fraud, but becoming familiar with red flags that commonly appear in fraud cases will better protect you from its costly damages.

In this webinar, you'll learn about:
• what fraud is and its effects;
• where it frequently occurs;
• common schemes and motivations;
• how red flags help assist in fraud detection; and
• how to ask the right questions to maximize your effectiveness and value to both your borrower and your company

Live Webinar

September 05, 2:00 PM CST

Rebecca Chase

Register
Rebecca Chase:

Rebecca Chase came to work for MGIC in 1998 as an underwriter, polished herself into a senior underwriter and then discovered the joy of customer training. Her extensive banking background also includes front-end experience as a loan officer and a sales manager.

Rebecca attended Marquette University in Milwaukee, Wis. Born in the very small town of Ohio, Ill., population 523, she is a transplanted Midwesterner living in balmy Florida. When she’s not at work, you’ll find her at the beach, reffing a pro beach volleyball match.

Skill-Based

75 minutes

Self-Employed Borrowers — Personal Tax Return Analysis (SAM Method)

Who Should Attend:
Loan officers, Processors, Underwriters
Overview:
This comprehensive training webinar takes you step-by-step through a self-employed borrower’s personal tax returns. Defining common terms and theories such as nonrecurring vs. recurring, depreciation and other noncash expenses will help you to develop a clearer picture of your self-employed borrower’s financial standing.

In this webinar, you will learn to:
• Review personal tax returns and schedules focusing on sole proprietor (Schedule C); unreimbursed business expenses (2106); rental income properties (Schedule E)
• Understand recurring vs. nonrecurring income and loss
• Increase efficiency in processing and underwriting SEB loan applications
• Understand documentation requirements, acceptable income and underwriting criteria

Live Webinar

September 21, 10:30 AM CST

Rebecca Chase

Register

Recorded Webinar

Watch Now
Rebecca Chase:

Rebecca Chase came to work for MGIC in 1998 as an underwriter, polished herself into a senior underwriter and then discovered the joy of customer training. Her extensive banking background also includes front-end experience as a loan officer and a sales manager.

Rebecca attended Marquette University in Milwaukee, Wis. Born in the very small town of Ohio, Ill., population 523, she is a transplanted Midwesterner living in balmy Florida. When she’s not at work, you’ll find her at the beach, reffing a pro beach volleyball match.

Skill-Based

90 minutes

Self-Employed Borrowers — Business Tax Return Analysis

Who Should Attend:
Processors, underwriters, loan officers
Overview:
This comprehensive webinar shows you how to dig deeper through business tax returns to develop a clearer picture of your self-employed borrower's income and business financial standing. As we analyze the details of the business returns, the course assumes an understanding of the basic fundamentals for analyzing tax returns such as recurring vs. nonrecurring income/loss; depreciation, and other noncash expenses and how they affect cash flow.

This webinar will provide:

• A closer look at Partnership K-1s & S Corporation K-1s, including Form 8825
• An in-depth look at business tax returns Form 1065 partnerships, 1120 S Corporations and the 1120 U.S. Corporate returns
• An overview of financial statements
• Ways to increase efficiency in processing and underwriting SEB loan applications
• A review of documentation requirements, acceptable income and underwriting criteria

Live Webinar

September 21, 2:00 PM CST

Rebecca Chase

Register

Recorded Webinar

Watch Now
Rebecca Chase:

Rebecca Chase came to work for MGIC in 1998 as an underwriter, polished herself into a senior underwriter and then discovered the joy of customer training. Her extensive banking background also includes front-end experience as a loan officer and a sales manager.

Rebecca attended Marquette University in Milwaukee, Wis. Born in the very small town of Ohio, Ill., population 523, she is a transplanted Midwesterner living in balmy Florida. When she’s not at work, you’ll find her at the beach, reffing a pro beach volleyball match.

Patty Pedlico:
Bio is forthcoming

Special Event Live

90 minutes

Understanding the Condo Appraisal

Who Should Attend:
Processors, underwriters, loan officers
Overview:
During this training webinar, we will analyze the various sections of the condo appraisal to help simplify your review. You will learn what property characteristics make a condo unique, what factors to consider when analyzing the Individual Condominium Unit Appraisal Report (1073/465) and what are the required exhibits.

In this session, you will:
• Review property characteristics unique to condos
• Review key sections of the condo appraisal report
• Review common secondary market requirements and potential red flags

This workshop provides a Condominium Checklist to assist with your review of the condo appraisal report and help identify potential cautionary items.
Note:
It's recommended that you attend the Appraisal Training program prior to attending this session.

Recorded Webinar

Watch Now
Rebecca Chase:

Rebecca Chase came to work for MGIC in 1998 as an underwriter, polished herself into a senior underwriter and then discovered the joy of customer training. Her extensive banking background also includes front-end experience as a loan officer and a sales manager.

Rebecca attended Marquette University in Milwaukee, Wis. Born in the very small town of Ohio, Ill., population 523, she is a transplanted Midwesterner living in balmy Florida. When she’s not at work, you’ll find her at the beach, reffing a pro beach volleyball match.

Special Event Live

30 minutes

Understanding the MI Premium Plans

Who Should Attend:
Loan officers and managers
Overview:
No one home is perfect for all homebuyers, just as no one mortgage is perfect for every borrower. Matching qualified borrowers with the homes and mortgages takes professional analysis and knowledge. For 60 years, MGIC has been the first name in private mortgage insurance. We offer different MI options designed to fit the needs of your different borrowers.

This brief presentation explores:

• The 3 most popular borrower-paid premium plans: Monthlies, Singles and Splits
• LPMI - Singles
• Understanding advantages and which option best fits your borrower's needs
• Where to disclose each on the Loan Estimate and Closing Disclosure

Live Webinar

September 12, 2:00 PM CST

Vance Edwards

Register

Live Webinar

September 15, 10:30 AM CST

Vance Edwards

Register

Live Webinar

September 25, 10:30 AM CST

Vance Edwards

Register
Vance Edwards:

Vance Edwards joined MGIC in 1999 and currently serves as MGIC's Marketing Program Director. Among Vance’s responsibilities is heading up MGIC’s Marketing Promotions Team which oversees MGIC sales training efforts, marketing of MGIC programs and co-branding efforts with MGIC customers.

In addition, Vance leads MGIC initiatives with Realtors and consumers, especially first-time homebuyers. He has spoken numerous times to Realtors® and loan originator audiences on topics including: first-time homebuyers, QM, economic overview, mortgage industry, and sales skills.

Vance lives in Menomonee Falls, Wisconsin with his wife Carrie and children Hailey and Trevan.

Vance is a certified FICO professional and earned a Certified Mortgage Banker ("CMB") designation from the MBA.

Special Event Recorded

60 minutes

FICO Score and Credit Reporting Update

Who Should Attend:
Originators, managers
Overview:
Look to the past to predict the future. Consumers' FICO scores provide insight and perspective on their future behavior. Mike Olden, American Reporting Company's Vice President — Sales and Education, will update you on FICO Score and Credit Reporting during this 60-minute webinar:
- Are all credit scores FICO Scores?
- What are the key elements that determine a FICO Score, and how can consumers improve their scores?
- How do Millennials perform with FICO scores?
- Credit reporting industry update

Recorded Webinar

Watch Now

Special Event Recorded

30 minutes

How to Step Up Your Professional Game on Facebook

Who Should Attend:
Loan officers, managers, mortgage professionals — general public
Overview:
Are you seeking new ways to connect with potential customers in today's purchase market? Whether you are connecting with past clients or seeking new customers, social media has the power to make those connections happen faster and stronger — knowing How to Step Up Your Professional Game on Facebook will differentiate you from your competitors by building sound relationships with important customers and securing more business on the largest social media platform to date.

Join us for a 30-minute glimpse into how you can utilize the power of the world's largest personal social media site for professional gain.
- Better understand business trends of Facebook
- How to bridge the gap between old and new customers
- See in-depth examples of success strategies
- Stay in touch with your customers and ahead of the competition

Recorded Webinar

Ben Smidt

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Ben Smidt:

Ben Smidt serves as MGIC’s Digital Marketing Program Manager. He leads corporate development and management of MGIC's digital marketing strategy. This includes establishing a clear vision for all digital marketing initiatives and providing strategic direction for the company's social media marketing efforts. His primary goal is to increase brand awareness and improve user experience (UX). Additional responsibilities include PPC budget strategy and management of ad spend.

In addition to the insurance industry, Ben has a combined 10 years experience in computer software, education and publishing industries. His focus has always remained in the area of education and digital marketing for media and technology.

He holds an MA from Marquette University in media channel effectiveness and digital communications, as well as a BS from UW-Madison focused in communications. He resides with his wife, daughter and son in Wauwatosa, Wisconsin.

Special Event Recorded

75 minutes

New 1003 - Uniform Residential Loan Application (URLA)

Who Should Attend:
Originators, Managers
Overview:
Learn about the completely redesigned 1003, how the 1003 changes impact taking an application, and the importance of regulations and data reporting. Presented by David Luna, President of Mortgage Educators and Compliance, a nationwide NMLS-approved education provider.

Recorded Webinar

Watch Now

Special Event Recorded

30 minutes

Presenting MI & Down Payments

Who Should Attend:
Loan officers, managers, mortgage professionals
Overview:
It has almost always been the biggest obstacle for most would-be homeowners…the down payment. In today’s market homebuyers face rising rents, student loans and media misinformation. MGIC founded the modern private MI industry to help people buy a home with little money down, and there are many options still available to them today.

In this session we’ll examine:
• Fannie Mae’s HomeReady® program
• Freddie Mac’s Home Possible® program
• MGIC’s HFA Preferred program
• 100% gift options

Recorded Webinar

Scott Meerstein

Watch Now
Scott Meerstein:
Scott Meerstein joined MGIC in 2004 and is currently a Lead Inside Account Manager for the West Central Region. In this role, Scott manages account relationships and introduces customers to MGIC's tools and resources. In the past, he's held the position of mortgage loan processor and correspondent loan auditor.

Scott has trained on topics such as, MI Basics, Millennial Marketing, and Low Down Payment Lending.

Special Event Recorded

2 hours

The Fundamentals of the Mortgage Process

Who Should Attend:
Processors and loan officers with less than 3 years of experience in the mortgage business
Overview:
Our Fundamentals of the Mortgage Process webinar incorporates a high level overview of the basic principles of processing and underwriting and helps you become comfortable with the fundamental skills required to effectively take and process a mortgage application. Join us for this insightful workshop, and you'll maximize your effectiveness and value to both your borrowers and your company.

You'll learn to:
• logically gather data and documents;
• understand the importance of a complete 1003;
• understand risk layering;
• evaluate The Four Cs — Credit, Capacity, Capital and Collateral — which help determine mortgage worthiness; and
• ask the right questions to maximize your effectiveness and value to both your borrower and your company

Recorded Webinar

Rebecca Chase

Watch Now
Rebecca Chase:

Rebecca Chase came to work for MGIC in 1998 as an underwriter, polished herself into a senior underwriter and then discovered the joy of customer training. Her extensive banking background also includes front-end experience as a loan officer and a sales manager.

Rebecca attended Marquette University in Milwaukee, Wis. Born in the very small town of Ohio, Ill., population 523, she is a transplanted Midwesterner living in balmy Florida. When she’s not at work, you’ll find her at the beach, reffing a pro beach volleyball match.

Special Event Recorded

75 minutes

Trended Credit Data… Explained

Who Should Attend:
Loan officers, managers, mortgage professionals
Overview:
Trended credit data: Get the scoop on a new way to measure credit worthiness. This will be the biggest change to the way consumer credit data is measured since credit scores were first introduced. Will you be ready?

Join us for this 75-minute, special event webinar session, "Trended Credit Data… Explained," hosted by mortgage lending expert David Luna.

Charlie Weiss, Trans Union Vice President of Innovative Solutions Group, Terry Clemans, NCRA Executive Director, and Fannie Mae representatives will also be providing analysis and answering your questions.

Topics include:
- What is trended credit data?
- What does it mean for mortgage loan originators? Consumers?
- When does it go into effect? (Hint: It will be mandatory for Fannie Mae's DU® version 10.0!)

Recorded Webinar

Watch Now

Special Event Recorded

30 minutes

Twitter Strategies for Loan Officers

Who Should Attend:
Loan officers, managers, mortgage professionals
Overview:
Learn how to use 140 characters or less to grow your business. In less than an hour, we will highlight how successful Loan Officers are using Twitter to uncover and create business opportunities.

Recorded Webinar

Ben Smidt

Watch Now
Ben Smidt:

Ben Smidt serves as MGIC’s Digital Marketing Program Manager. He leads corporate development and management of MGIC's digital marketing strategy. This includes establishing a clear vision for all digital marketing initiatives and providing strategic direction for the company's social media marketing efforts. His primary goal is to increase brand awareness and improve user experience (UX). Additional responsibilities include PPC budget strategy and management of ad spend.

In addition to the insurance industry, Ben has a combined 10 years experience in computer software, education and publishing industries. His focus has always remained in the area of education and digital marketing for media and technology.

He holds an MA from Marquette University in media channel effectiveness and digital communications, as well as a BS from UW-Madison focused in communications. He resides with his wife, daughter and son in Wauwatosa, Wisconsin.

Special Event Recorded

90 minutes

Understanding the Condo Appraisal

Who Should Attend:
Processors, underwriters, loan officers
Overview:
In MGIC's Understanding the Condo Appraisal workshop, you will learn what property characteristics make a condo unique and what to consider when reviewing the Individual Condominium Unit Appraisal Report (1073/465).

In this session, you will:
- Understand property characteristics unique to condos
- Review key sections of the Individual Condominium Unit Appraisal Report (1073/465)
- Understand common secondary market requirements and potential red flags
Note:
It's recommended that you attend the Appraisal Training program prior to attending this session.

Recorded Webinar

Watch Now