Course Calendar for July 2009
Click on the training links in the calendar to view more information about the courses. Enrollment instructions are provided for each course. Please enroll yourself wherever possible. For questions, please email Training@FreedomMortgage.com. All courses are scheduled on Eastern Standard Time.
Monday Tuesday 1 Self Employed Borrower-Case Study Part I of 1084 Pre-Registration Required Genworth WebEx (2:00 pm – 4:00 pm) Condo Project Eligibility Q&A Register at least 2 Days in Advance (2:00 pm – 3:00 pm) Wednesday 2 AllRegs User Training Register at least 1 Day in Advance (11:00 am – 12:00 pm) Thursday 3 Office Closed Friday
6 AllRegs User Training Register at least 1 Day in Advance (4:00 pm – 5:00 pm) Self Employed Borrower-Case Study Part II Pre-Registration Required Genworth WebEx (2:30 pm – 4:00 pm)
7 Documenting Income and Employment Register at least 2 days in Advanced LP Web Conf. (11:00 am – 12:30 pm) Getting Started With Loan Prospector Register at least 2 days in Advance - LP Web Conf. (2:00 pm – 3:30 pm)
8 Introduction to FHA No Pre-Registration Required (2:00 pm – 3:00 pm) LP Documentation Requirements Register at least 2 days in Advanced LP Web Conf. (11:00 am – 1:00 pm) 2009 Freddie Mac Condo Project Eligibility and Seller Warranties Register at least 2 days in Advanced LP Web Conf. (2:00 pm – 3:30 pm)
9 Getting Started With Loan Prospector – Part 2 Register at least 2 days in Advance LP Web Conf. (2:00 pm – 3:30 pm) Self-Employed Borrower Basic Pre-Registration Required Genworth WebEx (1:00 pm – 4:00 pm)
10 Effective Application Interviewing Pre-Registration Required Genworth WebEx (10:00 am – 11:30 am)
13 MI 101 & 201 Basics to Advanced Pre-Registration Required Genworth WebEx (11:00 am – 12:00 pm) DU Training Pre-Registration Required Genworth WebEx (4:00 pm – 5:00 pm)
14 2009 Freddie Mac Condo Project Eligibility and Seller Warranties Register at least 2 days in Advanced LP Web Conf. (2:00 pm – 3:30 pm) Self Employed Borrowers (SAM Method) Register at least 2 Days in Advance (11:30 am – 12:30 pm)
15 Introduction to VA No Pre-Registration Required (2:00 pm – 3:30 pm) Getting Started With Loan Prospector Register at least 2 days in Advance - LP Web Conf. (10:30 am – 12:00 pm) Putting the Pieces Together Register at least 2 Days in Advance (3:00 pm – 4:00 pm) The Art of Evaluating an Appraisal: Appraisal Training Register at least 2 Days in Advance (11:30 am – 12:30 pm)
16 AllRegs User Training Register at least 1 Day in Advance (4:00 pm – 5:00 pm) Originating a Quality Loan Through DU Register at least 2 Days in Advance (2:00 pm – 3:00 pm) Getting Started With Loan Prospector – Part 2 Register at least 2 days in Advance LP Web Conf. (2:00 pm – 3:30 pm) Collateral Assessment Review Register at least 2 days in Advance LP Web Conf. (11:00 am – 12:30 pm) Understanding LP Feedback Certificate Pre-Registration Required Genworth WebEx (3:30 pm – 5:30 pm)
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20 AllRegs User Training Register at least 1 Day in Advance (11:00 am – 12:00 pm) Self Employed Borrower Partnership, SCorp and Corporate Tax Returns Pre-Registration Required Genworth WebEx (1:00 pm – 2:30 pm) Excellence in Customer Service Pre-Registration Required Genworth WebEx (3:00 pm – 4:00 pm) Processing with DU and LP Register at least 2 Days in Advance (11:30 am – 12:30 pm)
21 How Loan Risk is Analyzed Pre-Registration Required Genworth WebEx (1:00 pm – 2:00 pm) Loan Program Mechanics Pre-Registration Required Genworth WebEx (3:00 pm – 4:00 pm) Condo Project Eligibility Q&A Register at least 2 Days in Advance (2:00 pm – 3:00 pm)
22 Fraud Detection Register at least 2 Days in Advance (4:00 pm – 5:00 pm)
23 Appraisal Underwriting Pre-Registration Required Genworth WebEx (3:00 pm – 4:00 pm)
24 Understanding Credit Reports and Credit Scores Pre-Registration Required Genworth WebEx (11:00 am – 12:30 pm) How to Sell to Whom You Sell Pre-Registration Required Genworth WebEx (1:00 pm – 2:00 pm) MI 101 & 201 Basics to Advanced Pre-Registration Required Genworth WebEx (1:00 pm – 2:00 pm) Analyzing Appraisals – Focus on Sales Comparison Pre-Registration Required Genworth WebEx (2:00 pm – 3:00 pm)
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29 Time Management Pre-Registration Required Genworth WebEx (2:00 pm – 3:30 pm) Calculating Debt to Income Pre-Registration Required Genworth WebEx (9:30 am – 10:30 am) Mortgage 101 Intro to the Mortgage Industry Pre- Registration Required Genworth WebEx (1:00 pm – 2:30 pm)
30 Calculating Income Pre-Registration Required Genworth WebEx (3:30 pm – 5:00 pm) Asset and Reserve Document Requirements and Review Pre-Registration Required Genworth WebEx (2:00 pm – 3:00 pm) Shut the Door on Fraud Pre-Registration Required Genworth WebEx (1:00 pm – 2:30 pm)
31 DU Training Pre-Registration Required Genworth WebEx (9:30 am – 11:30 am) Calculating Rental Income Pre-Registration Required Genworth WebEx (1:00 pm – 2:00 pm) Understanding the Secondary Market Pre-Registration Required Genworth WebEx (1:00 pm – 2:30 pm)
Training
Offered By
Location
Course Content
Introduction to FHA
National Training
WebEx*
Introduction to VA
National Training
WebEx
Freedom Correspondent Loan Purchase Training
National Training
WebEx
Marketing Overview and Q&A
Angel Bell from the Marketing Department
WebEx
AllRegs User Training
AllRegs Training
(advanced registration required)
Live Online Program
The Art of Evaluating an Appraisal: Appraisal Training
MGIC
(advanced registration required)
Online Program
Processing with DU and LP
MGIC
(advanced registration required)
Online Program
Putting the Pieces Together
MGIC
(advanced registration required)
Online Program
This FHA session is offered by the Freedom Mortgage National Training Department. This particular session will provide a highlevel overview of the FHA 203b loan program. The password for the session is freedom1 – all lower case – and the URL is https://freedom.webex.com. No pre-registration is necessary. This session will provide a high-level overview of the VA Guarenteed Home Loan Program as well as the VA Streamline Program. The password for this session is freedom 1 – all lower case – and the URL is https://freedom.webex.com. No preregistration is necessary. The How, When and Where to deliver a closed loan package to the Freedom Mortgage Correspondent Division; the most frequently asked questions. The password for the session is freedom1 – all lower case – and the URL is https://freedom.webex.com. No pre-registration is necessary. This session is offered monthly by Angel Bell from Freedom Mortgage‟s Marketing Department. This session will provide an overview of our powerful marketing platform, which is exclusive to Freedom Mortgage employees. Topics to be covered include: In-house marketing agency with agency discounts Branded online superstore – www.shopfreedomdepot.com Web-based marketing tools/e-blast services Diverse marketing library Marketing/Communications/PR Customer loyalty programs Trade show support Graphic design services and much more… The password for the session is freedom1 – all lower case – and the URL is https://freedom.webex.com. No pre-registration is necessary. This session is delivered by AllRegs trainers and will demonstrate effective use and search techniques in AllRegs. If you don‟t know what AllRegs can do, then you need to sign up for this session. Please pre-register at least 1 day in advance. TO ENROLL: Go to the following link to register yourself for this course: http://www.allregs.com/ao/supportpages/training.aspx. During this 1 1/2-hour presentation, you will learn about: o Typical secondary market appraisal guidelines, o Cautionary items that help identify potential problems, and o The various appraisal forms TO ENROLL: Please contact the Training Department. The email address is Training@FreedomMortgage.com. This course will help new users interpret reports generated by the DU and LP system. o Compare manual underwriting to automated underwriting o Identifies the benefits of automated underwriting o Identifies the DU and LP reports and explains how to use them and the messages they contain to process and underwrite a loan. TO ENROLL: Please contact the Training Department. The email address is Training@FreedomMortgage.com. Building Skills to Effectively Take and Process Mortgage Applications. TO ENROLL: Please contact the Training Department. The email address is Training@FreedomMortgage.com. Learn where fraud happens and how to identify it. TO ENROLL: Please contact the Training Department. The email address is Training@FreedomMortgage.com.
MGIC Fraud Detection
(advanced registration required)
Online Program
Training
Offered By
Location
Course Content
Originating a Quality Loan Through DU
Fannie Mae
(advanced registration required)
Online Program
Condo Project Eligibility Q&A
Fannie Mae
(advanced registration required)
Online Program
Understanding the Secondary Market
Genworth
Online Program
Effective Application Interviewing
Genworth
Online Program
How to Sell to Whom You Sell
Genworth
Online Program
Learn how to improve the quality of loan submissions that are originated through Desktop Underwriter (DU). The content will focus on how to effectively analyze and interpret the DU Underwriting Findings Report. A basic knowledge of DU and the DU Underwriting Findings Report is a prerequisite for this course. The session will cover and review: an explanation of each report section, common messages and documentation requirements, the value of using red flag messages to improve quality, and credit and non-credit risk factors.TO ENROLL: Please contact the Training Department. The email address is Training@FreedomMortgage.com. This Web seminar will discuss the most commonly asked questions related to condo origination and underwriting. Representatives from the Fannie Mae Project Standards Team will lead the discussion to provide background on these questions and take participants' questions. TO ENROLL: Please contact the Training Department. The email address is Training@FreedomMortgage.com. Learn more about the secondary market: What it is, how it functions, who the main players are, size and share, money markets and mortgage loan placement. TO ENROLL: 1. Go to https://genworth.webex.com and click on the “More Services” link and then the “Training Center” link. Note: Do not add the “www” in the web address. 2. View the list of Events and click “Registration” beside the event you are interested in attending. 3. Follow the on screen prompts to enroll in the session. You will receive an email confirming enrollment and instructions on how to join the meeting. If you have any issues, please contact the Training Department. The email address is Training@FreedomMortgage.com. Review what is needed for a complete Uniform Residential Loan Application (Fannie Mae form 1003), why each piece of data is important and strategies to get the most accurate, useful facts from your borrower at the first interview. Discover the ways to ask the borrower for the most complete answer to the questions posed on the application. We have dissected the 1003 in order to discuss each section individually to make the most out of your initial contact with the borrower. Cut down on the amount of time you have to continually contact your borrower for information that you could have uncovered during the initial interview. TO ENROLL: 1. Go to https://genworth.webex.com and click on the “More Services” link and then the “Training Center” link. Note: Do not add the “www” in the web address. 2. View the list of Events and click “Registration” beside the event you are interested in attending. 3. Follow the on screen prompts to enroll in the session. You will receive an email confirming enrollment and instructions on how to join the meeting. If you have any issues, please contact the Training Department. The email address is Training@FreedomMortgage.com Consultative or transactional? Discover which sales approach works best with today‟s high LTV borrowers. TO ENROLL: 1. Go to https://genworth.webex.com and click on the “More Services” link and then the “Training Center” link. Note: Do not add the “www” in the web address. 2. View the list of Events and click “Registration” beside the event you are interested in attending. 3. Follow the on screen prompts to enroll in the session. You will receive an email confirming enrollment and instructions on how to join the meeting. If you have any issues, please contact the Training Department. The email address is Training@FreedomMortgage.com Review of the LP feedback certificate; how to document your loan file along with a review of help tools. NOTE: This is not a session on data entry. TO ENROLL: 1. Go to https://genworth.webex.com and click on the “More Services” link and then the “Training Center” link. Note: Do not add the “www” in the web address. 2. View the list of Events and click “Registration” beside the event you are interested in attending. 3. Follow the on screen prompts to enroll in the session. You will receive an email confirming enrollment and instructions on how to join the meeting. If you have any issues, please contact the Training Department. The email address is Training@FreedomMortgage.com Discover how lenders and automated underwriting systems like DU
Understanding Loan Prospector Feedback Certificate
Genworth
Online Program
How Loan Risk is
Genworth
Online
Training
Offered By
Location
Course Content
Analyzed
Program
Analyzing Appraisals: Focus on Sales Comparison
Genworth
Online Program
Calculating Income
Genworth
Online Program
Appraisal Underwriting
Genworth
Online Program
Excellence in Customer Service
Genworth
Online Program
use comprehensive risk models to recommend loan approvals, including how the risk model works and specific factors measured. TO ENROLL: 1. Go to https://genworth.webex.com and click on the “More Services” link and then the “Training Center” link. Note: Do not add the “www” in the web address. 2. View the list of Events and click “Registration” beside the event you are interested in attending. 3. Follow the on screen prompts to enroll in the session. You will receive an email confirming enrollment and instructions on how to join the meeting. If you have any issues, please contact the Training Department. The email address is Training@FreedomMortgage.com In this session, participants will learn about current issues surrounding the sales comparison section of the URAR. Included will be information about comparison selection and adjustments in light of changes taking place. TO ENROLL: 1. Go to https://genworth.webex.com and click on the “More Services” link and then the “Training Center” link. Note: Do not add the “www” in the web address. 2. View the list of Events and click “Registration” beside the event you are interested in attending. 3. Follow the on screen prompts to enroll in the session. You will receive an email confirming enrollment and instructions on how to join the meeting. If you have any issues, please contact the Training Department. The email address is Training@FreedomMortgage.com Learn to calculate income with hands on exercises and brief review of documentation requirements. TO ENROLL: 1. Go to https://genworth.webex.com and click on the “More Services” link and then the “Training Center” link. Note: Do not add the “www” in the web address. 2. View the list of Events and click “Registration” beside the event you are interested in attending. 3. Follow the on screen prompts to enroll in the session. You will receive an email confirming enrollment and instructions on how to join the meeting. If you have any issues, please contact the Training Department. The email address is Training@FreedomMortgage.com In this session, participants will review the underwriting aspects surrounding the appraisal review. TO ENROLL: 1. Go to https://genworth.webex.com and click on the “More Services” link and then the “Training Center” link. Note: Do not add the “www” in the web address. 2. View the list of Events and click “Registration” beside the event you are interested in attending. 3. Follow the on screen prompts to enroll in the session. You will receive an email confirming enrollment and instructions on how to join the meeting. If you have any issues, please contact the Training Department. The email address is Training@FreedomMortgage.com This web-conference concentrates on ways to develop excellent customer service skills designed at focusing on the customer and their needs. TO ENROLL: 1. Go to https://genworth.webex.com and click on the “More Services” link and then the “Training Center” link. Note: Do not add the “www” in the web address. 2. View the list of Events and click “Registration” beside the event you are interested in attending. 3. Follow the on screen prompts to enroll in the session. You will receive an email confirming enrollment and instructions on how to join the meeting. If you have any issues, please contact the Training Department. The email address is Training@FreedomMortgage.com How to accurately calculate Rental Income. TO ENROLL: 1. Go to https://genworth.webex.com and click on the “More Services” link and then the “Training Center” link. Note: Do not add the “www” in the web address. 2. View the list of Events and click “Registration” beside the event you are interested in attending. 3. Follow the on screen prompts to enroll in the session. You will receive an email confirming enrollment and instructions on how to join the meeting. If you have any issues, please contact the Training Department. The email address is Training@FreedomMortgage.com An overview of credit reports and the information contained within them. TO ENROLL: 1. Go to https://genworth.webex.com and click on the “More Services” link and then the “Training Center” link. Note: Do not add the “www” in the web address. 2. View the list
Calculating Rental Income
Genworth
Online Program
Understanding Credit Reports and Credit Scores
Genworth
Online Program
Training
Offered By
Location
Course Content
of Events and click “Registration” beside the event you are interested in attending. 3. Follow the on screen prompts to enroll in the session. You will receive an email confirming enrollment and instructions on how to join the meeting. If you have any issues, please contact the Training Department. The email address is Training@FreedomMortgage.com Learn how to calculate income and provide the necessary supporting documentation TO ENROLL: 1. Go to https://genworth.webex.com and click on the “More Services” link and then the “Training Center” link. Note: Do not add the “www” in the web address. 2. View the list of Events and click “Registration” beside the event you are interested in attending. 3. Follow the on screen prompts to enroll in the session. You will receive an email confirming enrollment and instructions on how to join the meeting. If you have any issues, please contact the Training Department. The email address is Training@FreedomMortgage.com Learn how to calculate a self-employed borrower‟s annual income. TO ENROLL: 1. Go to https://genworth.webex.com and click on the “More Services” link and then the “Training Center” link. Note: Do not add the “www” in the web address. 2. View the list of Events and click “Registration” beside the event you are interested in attending. 3. Follow the on screen prompts to enroll in the session. You will receive an email confirming enrollment and instructions on how to join the meeting. If you have any issues, please contact the Training Department. The email address is Training@FreedomMortgage.com Learn how to qualify the self employed borrower thorugh review of personal and business tax returns. TO ENROLL: 1. Go to https://genworth.webex.com and click on the “More Services” link and then the “Training Center” link. Note: Do not add the “www” in the web address. 2. View the list of Events and click “Registration” beside the event you are interested in attending. 3. Follow the on screen prompts to enroll in the session. You will receive an email confirming enrollment and instructions on how to join the meeting. If you have any issues, please contact the Training Department. The email address is Training@FreedomMortgage.com
Documenting Income and Employment
Genworth
Online Program
Self-Employed Borrower
Genworth
Online Program
Self Employed Borrower-Case Study Part I of 1084
Genworth
Online Program
Self Employed Borrower-Case Study Part II
Genworth
Online Program
A continued study of how to qualify the self employed borrower. TO ENROLL: 1. Go to https://genworth.webex.com and click on the “More Services” link and then the “Training Center” link. Note: Do not add the “www” in the web address. 2. View the list of Events and click “Registration” beside the event you are interested in attending. 3. Follow the on screen prompts to enroll in the session. You will receive an email confirming enrollment and instructions on how to join the meeting. If you have any issues, please contact the Training Department. The email address is Training@FreedomMortgage.com
Self Employed Borrower Partnership, SCorp and Corporate Returns
Genworth
Online Program
TO ENROLL: 1. Go to https://genworth.webex.com and click on the “More Services” link and then the “Training Center” link. Note: Do not add the “www” in the web address. 2. View the list of Events and click “Registration” beside the event you are interested in attending. 3. Follow the on screen prompts to enroll in the session. You will receive an email confirming enrollment and instructions on how to join the meeting. If you have any issues, please contact the Training Department. The email address is Training@FreedomMortgage.com Learn about Fannie Mae‟s automated underwriting tool. TO ENROLL: 1. Go to https://genworth.webex.com and click on the “More Services” link and then the “Training Center” link. Note: Do not add the “www” in the web address. 2. View the list of Events and click “Registration” beside the event you are interested in attending. 3. Follow the on screen prompts to enroll in
DU Training
Genworth
Online Program
Training
Offered By
Location
Course Content
the session. You will receive an email confirming enrollment and instructions on how to join the meeting. If you have any issues, please contact the Training Department. The email address is Training@FreedomMortgage.com
Appraisal Underwriting
Genworth
Online Program
TO ENROLL: 1. Go to https://genworth.webex.com and click on the “More Services” link and then the “Training Center” link. Note: Do not add the “www” in the web address. 2. View the list of Events and click “Registration” beside the event you are interested in attending. 3. Follow the on screen prompts to enroll in the session. You will receive an email confirming enrollment and instructions on how to join the meeting. If you have any issues, please contact the Training Department. The email address is Training@FreedomMortgage.com
Mortgage Insurance 101 and MI 201
Genworth
Online Program
Are you new to the industry? Do you need an MI refresher? This is the webinar for you! TO ENROLL: 1. Go to https://genworth.webex.com and click on the “More Services” link and then the “Training Center” link. Note: Do not add the “www” in the web address. 2. View the list of Events and click “Registration” beside the event you are interested in attending. 3. Follow the on screen prompts to enroll in the session. You will receive an email confirming enrollment and instructions on how to join the meeting. If you have any issues, please contact the Training Department. The email address is Training@FreedomMortgage.com
Time Management
Genworth
Online Program
Learn how to effectively use your time to the best of your benefit. TO ENROLL: 1. Go to https://genworth.webex.com and click on the “More Services” link and then the “Training Center” link. Note: Do not add the “www” in the web address. 2. View the list of Events and click “Registration” beside the event you are interested in attending. 3. Follow the on screen prompts to enroll in the session. You will receive an email confirming enrollment and instructions on how to join the meeting. If you have any issues, please contact the Training Department. The email address is Training@FreedomMortgage.com
Calculating Debt to Income
Genworth
Online Program
Learn how to calculate front end and back end debt to income ratios. TO ENROLL: 1. Go to https://genworth.webex.com and click on the “More Services” link and then the “Training Center” link. Note: Do not add the “www” in the web address. 2. View the list of Events and click “Registration” beside the event you are interested in attending. 3. Follow the on screen prompts to enroll in the session. You will receive an email confirming enrollment and instructions on how to join the meeting. If you have any issues, please contact the Training Department. The email address is Training@FreedomMortgage.com This course will review the documentation requirements for asset and reserves needed in the mortgage transaction. TO ENROLL: 1. Go to https://genworth.webex.com and click on the “More Services” link and then the “Training Center” link. Note: Do not add the “www” in the web address. 2. View the list of Events and click “Registration” beside the event you are interested in attending. 3. Follow the on screen prompts to enroll in the session. You will receive an email confirming enrollment and instructions on how to join the meeting. If you have any issues, please contact the Training Department. The email address is Training@FreedomMortgage.com Understand what kind of fraud is being done in the mortgage market and how to recognize the red flags. TO ENROLL: 1. Go to https://genworth.webex.com and click on the “More Services” link and then the “Training Center” link. Note: Do not add the “www” in the web address. 2. View the list of Events and click “Registration” beside the event you are interested in attending. 3. Follow the on screen prompts to enroll in the session. You will receive an email confirming enrollment and
Asset and Reserve Document Requirements and Review
Genworth
Online Program
Shut the Door on Fraud
Genworth
Online Program
Training
Offered By
Location
Course Content
instructions on how to join the meeting. If you have any issues, please contact the Training Department. The email address is Training@FreedomMortgage.com This course is an introduction to the Mortgage Industry. It is designed for new personnel. The course covers industry terms; the evolution of the mortgage industry; characteristics of different mortgage lenders; what is the secondary market and types of mortgage related income. TO ENROLL: 1. Go to https://genworth.webex.com and click on the “More Services” link and then the “Training Center” link. Note: Do not add the “www” in the web address. 2. View the list of Events and click “Registration” beside the event you are interested in attending. 3. Follow the on screen prompts to enroll in the session. You will receive an email confirming enrollment and instructions on how to join the meeting. If you have any issues, please contact the Training Department. The email address is Training@FreedomMortgage.com
Mortgage 101 Introduction into the Mortgage Industry
Genworth
Online Program
Loan Program Mechanics
Genworth
Online Program
There are so many different types of loan products in the market now. As a mortgage professional, it is vital that you understand the fundamental building blocks of each product. In this session, you will gain a detailed knowledge of how different loan programs work. Not just the highlights, but the details, mechanics, pros and cons. We will cover points like how payments are applied and index rates are set. Loan types covered include fixed rate, balloon, interest only, ARM, Option ARM, GPM, buydowns, and reverse mortgages. This session is perfect for those new to the industry or those that want more confidence or talking points to use with borrowers. TO ENROLL: 1. Go to https://genworth.webex.com and click on the “More Services” link and then the “Training Center” link. Note: Do not add the “www” in the web address. 2. View the list of Events and click “Registration” beside the event you are interested in attending. 3. Follow the on screen prompts to enroll in the session. You will receive an email confirming enrollment and instructions on how to join the meeting. If you have any issues, please contact the Training Department. The email address is Training@FreedomMortgage.com
Self Employed Borrowers (Sam Method)
MGIC
(advanced registration required)
Online Program
Freedom Whosesale.com Overview
Jen Warm and National Training
WebEx*
Tour Through the Mortgage Process
MGIC
(advanced registration required)
Online Program
Documenting Income and Employment
Freddie Mac
Web Conf. LP User ID & password required
This course is for originators to identify or evaluate issues with the self-employed. Please pre-register at least 1 day in advance. TO ENROLL: Please contact the Training Department. The email address is Training@FreedomMortgage.com. This one-hour demonstration will review the features of Freedom Wholesale.com Training for Brokers. There will be special emphasis on uploading a file, web to DU, managing your pipeline, accessing new loan documents, and making edits to your 1003. Account Executives are especially encouraged to attend and invite their brokers. The password for the session is freedom1 – all lower case – and the URL is https://freedom.webex.com. No pre-registration is necessary. This 2 ½-hour presentation serves as an introduction to the basic mortgage process. Although this information is not „Freedom specific‟, it provides a high-level overview of data gathering and loan documenting. Please pre-register as soon as possible. TO ENROLL: Please contact the Training Department. The email address is Training@FreedomMortgage.com. This 90-minute web-conference will provide you with the understanding you need to determine if your borrower demonstrates the financial ability to repay the mortgage in accordance with Freddie Mac requirements. Participants will learn how to evaluate a borrowers' income and employment history, calculate stable income for various income types and document income in accordance with the Loan Prospector Documentation Level returned on the Full Feedback Certificate. TO ENROLL: Please contact the Training Department. The email address is Training@FreedomMortgage.com.
Training
Offered By
Location
Course Content
Collateral Assessment Review
Freddie Mac
Web Conf. LP User ID & password required
This web-conference concentrates reviewing the value of the subject property. TO ENROLL: Please contact the Training Department. The email address is Training@FreedomMortgage.com. Freddie Mac recently announced important changes in Guide Chapter 42: Special Warranties for Condominiums. This 90-minute web conference will provide you with a high-level overview of the new policy, including changes to the condominium project classification types and the Streamlined Review process. The interactive participation during the presentation will assist originators, processors, and underwriters learn more about the new requirements and help ensure a smooth sale of condominium mortgages to Freddie Mac on or after March 1, 2008. TO ENROLL: Please contact the Training Department. The email address is Training@FreedomMortgage.com. This 2-hour web-conference training session provides a basic overview of Loan Prospector® (LP) functionality: o What services are available o How to input data o How to submit a mortgage for assessment o Receiving feedback Participants will discover Loan Prospector's benefits, services, and the scope of mortgage products eligible for credit evaluation. TO ENROLL: Please contact the Training Department. The email address is Training@FreedomMortgage.com.
2009 Condo Project Eligibility & Seller Warranties
Freddie Mac
Web Conf. LP User ID & password required
Getting Started With Loan Prospector
Freddie Mac
Web Conf. LP User ID & password required
LP Documentation Requirements
Freddie Mac
Web Conf. LP User ID & password required
TO ENROLL: Please contact the Training Department. The email address is Training@FreedomMortgage.com.
Getting Started With Loan Prospector – Part 2
Freddie Mac
Web Conf. LP User ID & password required
New Hire LO Training
National Training Department
Freedom Mortgage WebEx
This 2-hour web-conference training session provides a basic overview of Loan Prospector® (LP) functionality: o What services are available o How to input data o How to submit a mortgage for assessment o Receiving feedback Participants will discover Loan Prospector's benefits, services, and the scope of mortgage products eligible for credit evaluation. TO ENROLL: Please contact the Training Department. The email address is Training@FreedomMortgage.com. The National Training Department will be offering this WebEx training session every Tuesday for all newly hired retail loan officers. This training will mainly cover the great systems that we use here at Freedom; systems that that are easy to use and that make our sales force better informed and more nimble than their competition. The systems covered include: Encompass; EDMS; Sales Portal; and Freedom Express Chat. Other aspects of what it means to be a Freedom employee will also be covered. The password for the session is freedom1 – all lower case – and the URL is https://freedom.webex.com. No pre-registration is necessary. This open forum is a place where Loan Officers are free to ask questions and learn from others. This breakout session will occur each and every Thursday from 2:00 PM to 3:00 PM. The password for the session is freedom1 – all lower case – and the URL is https://freedom.webex.com. No pre-registration is necessary.
Loan Officer Q&A
National Training Department
Freedom Mortgage WebEx
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