• MPF® Traditional Product Investor Reporting Troubleshooting

    Topic: MPF Solutions December 12
    02:00 pm EDT (1 hour)
    Register | +

    Overview

    Join us for an upcoming webinar presented by MPF® Investor Accounting staff and the MPF Program Master Servicer, Wells Fargo. In this session we will examine the MPF Traditional product investor reporting process, with a primary focus on how to prevent and resolve many common issues. Turnaround Reports and Exception Clearing Reports will be addressed as well as best practices for reducing reporting errors.

    Who should attend?

    The presentation is recommended for:
    • Investor Reporting staff
    • Loan Accounting staff
  • Review of Annual Eligibility Certification Forms OG1 & OG2

    Topic: MPF Solutions December 18
    02:00 pm EDT (1 hour)
    Register | +

    The MPF® Program presents a review of Annual Eligibility Certification Forms OG1 and OG2 which were revised by PFI Notice 2011-7, published December 29, 2011.

    The webinar will walk you through the changes to the certification questions and format of the forms. The webinar is designed to highlight changes in the:

    • Certification questions
    • Format of the forms

    Who should attend?
    The presentation is recommended for the staff and managers responsible for the completion of the certifications contained in Forms OG1 and OG2.

    We recommend that participants review the following MPF Guide material before the webinar:

    • Origination Guide Chapter 5.1 – 5.5
    • Annual Eligibility Certification (Form OG1)
    • MPF Fidelity and Errors & Omissions Insurance Worksheet (Form OG2)
  • Christmas Day - Bank will be closed

    December 25
  • Review of Annual Eligibility Certification Forms OG1 & OG2

    Topic: MPF Solutions January 8
    02:00 pm EDT (1 hour)
    Register | +

    Overview

    The MPF® Provider presents a review of Annual Eligibility Certification Forms OG1 and OG2.

    Please join us for a webinar to review the online completion process for Forms OG1 and OG2. Instructions for completing the forms, review of content and a demonstration of the new documentation upload functionality will be provided.

    Who should attend?

    This presentation is recommended for the staff and managers responsible for the completion of the certifications contained in Forms OG1 and OG2.

  • MGIC Presents: Analyzing Financial Statements

    Topic: MPF Solutions January 9
    02:00 pm EDT (90 minutes)
    Register | +

    Overview

    In this webinar presented by MGIC, we’ll take a closer look at the self-employed borrower using financial statements – the income statement (P&L) and balance sheet. You’ll learn more about the makeup of each of these statements and what it tells you about the financial standing of the business. As we analyze the details of the financial statements, the course assumes a strong understanding of analyzing business tax returns.

    This webinar will:

    • Review how financial statements differ and when they are needed
    • Define common terms such as revenue/expenses, margins, liquidity and more
    • Take a closer look at the Income Statement and Balance Sheet and what they tell you about the business
    • Measure and compare business profitability/growth using trend ratios

    Who should attend?

    The presentation is recommended for:
    • Loan Originators
    • Loan Processors
    • Underwriters
    • Quality Control staff
  • Loan Eligibility and Underwriting for MPF® Traditional Products

    Topic: MPF Solutions January 10
    02:00 pm EDT (90 minutes)
    Register | +

    Overview

    This webinar will provide a general overview of eligibility and underwriting guidelines for the MPF® Traditional products (MPF Original, MPF 125 and MPF 35). Attention will be given to the differences between manually underwriting a loan and using an automated underwriting system (AUS) such as Desktop Underwriter® (DU®) and Loan Product AdvisorSM (LPA). Underwriting basics such as LTVs, credit scores, property types, income, and assets will be discussed. This webinar will also include an overview of recently announced updates to the MPF Traditional Selling Guide.

    Who should attend?

    This presentation is recommended for:
    • Loan Officers
    • Loan Processors
    • Underwriters
    • Quality Control staff

  • Radian Presents: Understanding and Reviewing Appraisals

    Topic: MPF Solutions January 16
    02:00 pm EDT (90 minutes)
    Register | +

    Overview

    Presented by Radian, this interactive class focuses on understanding the Uniform Residential Appraisal Report (URAR) Form 1004. Participants walk through the sections of this form and learn to identify red flags and risk issues.

    Skills developed using the Form 1004 are transferable to other appraisal forms, making them a snap to review! Learning is reinforced with the review of a case study.

    Who should attend?

    The presentation is recommended for:

    • Loan Originators
    • Processors
    • Underwriters
    • Quality Control and Post Closing Review staff
  • The Custody Process for MPF Xtra® and MPF® Traditional Products

    Topic: MPF Solutions February 14
    02:00 pm EDT (90 minutes)
    Register | +

    Overview

    The MPF® Provider presents a webinar designed to furnish 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

    Who should attend?

    The presentation is recommended for:
    • Loan Processors
    • Loan Closers
    • Loan Delivery Staff
    • Quality Control Auditors
  • Detecting and Avoiding Fraud in Loan Files

    Topic: MPF Solutions February 19
    02:00 pm EDT (1 hour)
    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

  • What's Trending in MPF® Quality Control

    Topic: MPF Solutions February 21
    02:00 pm EDT (90 minutes)
    Register | +

    Overview

    Have you ever wondered what kind of exceptions the MPF® Quality Control department sees on both a regular and not so regular basis?

    In this presentation, we will offer insight into some recent and on-going situations encountered by the MPF QC Department. Current examples will be provided along with guidance on how to prevent these exceptions from happening in the future.

    In addition to covering QC exception trends, the MPF Program requirements for a successful in-house QC review program will be included, along with ideas to improve overall file quality

    • 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

    Who should attend?

    The presentation is recommended for:
    • Quality Control Managers
    • Quality Control Underwriters
    • Quality Control Processors
    • Underwriters
    • Loan Processors

 

FREE online MPF webinars for all interested members! Register early, space is limited!

To register for these webinars, click the Register link next to the webinar or email MPFTraining@fhlbc.com and cc fhlbny@fhlbny.com.

The email should contain the webinar name, webinar date, participant's name, institution, email address, phone number, and street mailing address.

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 webinars or the MPF Program, please contact Muriel Brunken at (212) 441-6712, or the MPF Help Desk at (877) 345-2673.

  • Christmas Day - Bank will be closed

    December 25
  • There are no upcoming industry events at this time.

  • MPF® Traditional Product Investor Reporting Troubleshooting

    Topic: MPF Solutions December 12
    02:00 pm EDT (1 hour)
    Register | +

    Overview

    Join us for an upcoming webinar presented by MPF® Investor Accounting staff and the MPF Program Master Servicer, Wells Fargo. In this session we will examine the MPF Traditional product investor reporting process, with a primary focus on how to prevent and resolve many common issues. Turnaround Reports and Exception Clearing Reports will be addressed as well as best practices for reducing reporting errors.

    Who should attend?

    The presentation is recommended for:
    • Investor Reporting staff
    • Loan Accounting staff
  • Review of Annual Eligibility Certification Forms OG1 & OG2

    Topic: MPF Solutions December 18
    02:00 pm EDT (1 hour)
    Register | +

    The MPF® Program presents a review of Annual Eligibility Certification Forms OG1 and OG2 which were revised by PFI Notice 2011-7, published December 29, 2011.

    The webinar will walk you through the changes to the certification questions and format of the forms. The webinar is designed to highlight changes in the:

    • Certification questions
    • Format of the forms

    Who should attend?
    The presentation is recommended for the staff and managers responsible for the completion of the certifications contained in Forms OG1 and OG2.

    We recommend that participants review the following MPF Guide material before the webinar:

    • Origination Guide Chapter 5.1 – 5.5
    • Annual Eligibility Certification (Form OG1)
    • MPF Fidelity and Errors & Omissions Insurance Worksheet (Form OG2)
  • Review of Annual Eligibility Certification Forms OG1 & OG2

    Topic: MPF Solutions January 8
    02:00 pm EDT (1 hour)
    Register | +

    Overview

    The MPF® Provider presents a review of Annual Eligibility Certification Forms OG1 and OG2.

    Please join us for a webinar to review the online completion process for Forms OG1 and OG2. Instructions for completing the forms, review of content and a demonstration of the new documentation upload functionality will be provided.

    Who should attend?

    This presentation is recommended for the staff and managers responsible for the completion of the certifications contained in Forms OG1 and OG2.

  • MGIC Presents: Analyzing Financial Statements

    Topic: MPF Solutions January 9
    02:00 pm EDT (90 minutes)
    Register | +

    Overview

    In this webinar presented by MGIC, we’ll take a closer look at the self-employed borrower using financial statements – the income statement (P&L) and balance sheet. You’ll learn more about the makeup of each of these statements and what it tells you about the financial standing of the business. As we analyze the details of the financial statements, the course assumes a strong understanding of analyzing business tax returns.

    This webinar will:

    • Review how financial statements differ and when they are needed
    • Define common terms such as revenue/expenses, margins, liquidity and more
    • Take a closer look at the Income Statement and Balance Sheet and what they tell you about the business
    • Measure and compare business profitability/growth using trend ratios

    Who should attend?

    The presentation is recommended for:
    • Loan Originators
    • Loan Processors
    • Underwriters
    • Quality Control staff
  • Loan Eligibility and Underwriting for MPF® Traditional Products

    Topic: MPF Solutions January 10
    02:00 pm EDT (90 minutes)
    Register | +

    Overview

    This webinar will provide a general overview of eligibility and underwriting guidelines for the MPF® Traditional products (MPF Original, MPF 125 and MPF 35). Attention will be given to the differences between manually underwriting a loan and using an automated underwriting system (AUS) such as Desktop Underwriter® (DU®) and Loan Product AdvisorSM (LPA). Underwriting basics such as LTVs, credit scores, property types, income, and assets will be discussed. This webinar will also include an overview of recently announced updates to the MPF Traditional Selling Guide.

    Who should attend?

    This presentation is recommended for:
    • Loan Officers
    • Loan Processors
    • Underwriters
    • Quality Control staff

  • Radian Presents: Understanding and Reviewing Appraisals

    Topic: MPF Solutions January 16
    02:00 pm EDT (90 minutes)
    Register | +

    Overview

    Presented by Radian, this interactive class focuses on understanding the Uniform Residential Appraisal Report (URAR) Form 1004. Participants walk through the sections of this form and learn to identify red flags and risk issues.

    Skills developed using the Form 1004 are transferable to other appraisal forms, making them a snap to review! Learning is reinforced with the review of a case study.

    Who should attend?

    The presentation is recommended for:

    • Loan Originators
    • Processors
    • Underwriters
    • Quality Control and Post Closing Review staff
  • The Custody Process for MPF Xtra® and MPF® Traditional Products

    Topic: MPF Solutions February 14
    02:00 pm EDT (90 minutes)
    Register | +

    Overview

    The MPF® Provider presents a webinar designed to furnish 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

    Who should attend?

    The presentation is recommended for:
    • Loan Processors
    • Loan Closers
    • Loan Delivery Staff
    • Quality Control Auditors
  • Detecting and Avoiding Fraud in Loan Files

    Topic: MPF Solutions February 19
    02:00 pm EDT (1 hour)
    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

  • What's Trending in MPF® Quality Control

    Topic: MPF Solutions February 21
    02:00 pm EDT (90 minutes)
    Register | +

    Overview

    Have you ever wondered what kind of exceptions the MPF® Quality Control department sees on both a regular and not so regular basis?

    In this presentation, we will offer insight into some recent and on-going situations encountered by the MPF QC Department. Current examples will be provided along with guidance on how to prevent these exceptions from happening in the future.

    In addition to covering QC exception trends, the MPF Program requirements for a successful in-house QC review program will be included, along with ideas to improve overall file quality

    • 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

    Who should attend?

    The presentation is recommended for:
    • Quality Control Managers
    • Quality Control Underwriters
    • Quality Control Processors
    • Underwriters
    • Loan Processors

 

FREE online MPF webinars for all interested members! Register early, space is limited!

To register for these webinars, click the Register link next to the webinar or email MPFTraining@fhlbc.com and cc fhlbny@fhlbny.com.

The email should contain the webinar name, webinar date, participant's name, institution, email address, phone number, and street mailing address.

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 webinars or the MPF Program, please contact Muriel Brunken at (212) 441-6712, or the MPF Help Desk at (877) 345-2673.

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