Let’s Get Back to MI Basics
Review your favorite posts from our Back to MI Basics series plus other blog posts and training courses related to your role!








Subscribe to our blog to get more content like this delivered straight to your inbox
Designed for new personnel, those new to the mortgage industry or individuals who need a refresher on: Industry Terms, Evolution of the Mortgage Industry, Characteristics of Different Types of Lenders, What is the Secondary Market and Types of Mortgage Related Income.
Discover who prepares the credit report, what information is included, where the information comes from, and the different types of available reports. Understand how to use the codes included throughout each section of the credit report, plus increase your knowledge of the elusive credit scoring model and how it impacts the borrower scores.
This course introduces the new Uniform Residential Loan Application (URLA), commonly referred to as the 1003/65. Reviews the new information fields that are required and provides a quick look at the new sections, as well as effective dates for using the form.
An overview of Fannie Mae’s HomeReady product is highlighted in this webinar. Product eligibility and underwriting options, as well as mortgage insurance guidelines are reviewed.
Subscribe to our blog to get more content like this delivered straight to your inbox
Learn how to review bank statements and assets, identify acceptable assets, and identify key compliance and misrepresentation components.
Session highlights basic best practices for Loan Processors before submitting a file to underwriting. Common sense tips that are often overlooked before submission.
The course will help you understand general guidelines for calculating rental income, including recent Fannie Mae/Freddie Mac announcements and forms, as well as how to use Schedule E.
This course introduces the new Uniform Residential Loan Application (URLA), commonly referred to as the 1003/65.
Subscribe to our blog to get more content like this delivered straight to your inbox
This session provides an overview of the general requirements of delivery and underwriting for manufactured homes for both Fannie Mae and Genworth. Get an overview of Fannie Mae Form 1004C, uncover potential red flags, and gain a better understanding of the manufactured home appraisal.
Learn to calculate supportable income for self-employed borrowers using personal tax returns and Fannie Mae’s Cash Flow Form 1084.
This course reviews Freddie Mac’s Loan Product Advisor® feedback certificate, which will help you learn how to document your loan file and review helpful tools. NOTE: This is not a session on data entry.
This course identifies common fraud trends and schemes, the red flags that alert you to potential fraud and the tools available to help you combat fraud.