• Rural Property Underwriting

    Topic: MPF Solutions July 24
    11:00 am EST (2 hours)
    Register | +

    The MPF Program presents a webinar to provide guidance to PFIs on how to evaluate mortgages when the property is located in a rural area. The primary focus of the webinar will be the evaluation of the acceptability of a rural property as security for a conventional mortgage. In addition, we will also provide guidance on the analysis of common farm income and debt scenarios.

    The presentation is recommended for all PFI staff including:

    • Loan Officers
    • Loan Processors
    • Underwriters
    • Quality Control Auditors

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

    • Underwriting Guide Chapters 5.1.3, 5.1.6, 5.2.3 and 5.2.7
  • Not Your Ordinary Income

    Topic: MPF Solutions August 4
    11:00 am EST (2 hours)
    Register | +

    In this webinar presented by Radian, PFIs will learn to understand out-of-the-ordinary income types.  Most of the income types to be discussed have a non-taxable portion. The calculation and documentation requirements for these types of incomes will be explained.

    This presentation is recommended for Loan Officers, Loan Processors, and Underwriters and Quality Control Staff.

    We recommend that participants review the following MPF Guide material before the webinar to become familiar with our general qualifying income requirements which are Underwriting Guide Chapter 4.6 through 4.6.24.

  • MGIC's Introduction to Underwriting

    Topic: MPF Solutions August 6
    11:00 am EST (2 hours)
    Register | +

    In MGIC’s Introduction to Underwriting workshop, you will get the tools you need to:

    • Understand the “why” of guidelines
    • Assess the risks of the loan request
    • Efficiently underwrite loan applications
    • Properly document the mortgage file including:
      • To meet Desktop® (DU®) or Loan Prospector® (LP) requirements
      • For unusual circumstances

    In this session, you will evaluate a sample loan file using the 4 C’s of underwriting with your underwriter’s pen in hand.

    The presentation is recommended for: Loan Officers, Processors, Underwriters, Quality Control staff

  • Delinquency Management

    Topic: MPF Solutions August 12
    11:00 am EST (2 hours)
    Register | +

    Co Presenter: MPF Program Master Servicer, Wells Fargo

    This workshop would benefit Collections, Foreclosure, Bankruptcy, REO and Default staff.

    This workshop will cover the management of the collections process; servicing procedures for collections; property inspection requirements; relief provisions and processes; temporary loan modification plan; foreclosure, bankruptcy and REO management process; foreclosure alternatives, expenses and reinstatements; REO action plan; REO servicing & marketing and REO reporting.

  • Ability-to-Repay and Safe Harbor Quality Mortgage Requirements

    Topic: About MPF August 21
    11:00 am EST (2 hours)
    Register | +

    The MPF Program presents a webinar on its ability-to-repay and safe harbor qualified mortgage requirements for all mortgages with a loan application date on or after January 10, 2014 as announced with PFI Notice 2014-1.

    Who should attend?

    • Loan Officers
    • Loan Processors
    • Underwriters
    • Quality Control Staff

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

    • PFI Notice 2014-1
    • Revisions to Origination Guide Chapters 2, 12, and 31
    • Revisions to Underwriting Guide Chapters 2, 3, 4, and 5
    • Revisions to the Loan Presentment Request Form (Form OG3) and Glossary
    • The new Self-Employed Borrower Income Analysis Guidelines (Underwriting Guide Exhibit A)
  • Loan Eligibility Workshop

    Topic: About MPF, MPF Solutions August 28
    11:00 am EST (2 hours)
    Register | +

    The MPF Program presents a workshop to help answer the question; Is this loan eligible for sale under the MPF Program? 

    The workshop will go over the loan eligibility guidelines for the MPF Portfolio Product stated in the MPF Underwriting and Origination Guides.

    The presentation is recommended for: 

    • Loan Officers
    • Loan Processors
    • Underwriters 
    • Quality Control Reviewers
  • Labor Day

    September 1
  • Independent Bankers Association of New York State - 41st Annual Convention

    September 7 - 9
    Lake Placid Convention Center, Lake Placid, NY

    We look forward to seeing you in picturesque Lake Placid. For more information visit www.ibanys.net

    HLB Attendees: Adam Goldstein, Al O'Connell, and Tom Settino

  • Columbus Day

    October 13
  • Veterans' Day

    November 11
  • Thanksgiving Day

    November 27
  • Christmas Day

    December 25

 

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

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

The email should contain the workshop 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 workshops or the MPF Program, please contact either Heather Gostomski at (212) 441-6701, Tom Doyle at (212) 441-6712, or the MPF Help Desk at (877) 345-2673.

  • Labor Day

    September 1
  • Columbus Day

    October 13
  • Veterans' Day

    November 11
  • Thanksgiving Day

    November 27
  • Christmas Day

    December 25
  • Independent Bankers Association of New York State - 41st Annual Convention

    September 7 - 9
    Lake Placid Convention Center, Lake Placid, NY

    We look forward to seeing you in picturesque Lake Placid. For more information visit www.ibanys.net

    HLB Attendees: Adam Goldstein, Al O'Connell, and Tom Settino

  • Rural Property Underwriting

    Topic: MPF Solutions July 24
    11:00 am EST (2 hours)
    Register | +

    The MPF Program presents a webinar to provide guidance to PFIs on how to evaluate mortgages when the property is located in a rural area. The primary focus of the webinar will be the evaluation of the acceptability of a rural property as security for a conventional mortgage. In addition, we will also provide guidance on the analysis of common farm income and debt scenarios.

    The presentation is recommended for all PFI staff including:

    • Loan Officers
    • Loan Processors
    • Underwriters
    • Quality Control Auditors

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

    • Underwriting Guide Chapters 5.1.3, 5.1.6, 5.2.3 and 5.2.7
  • Not Your Ordinary Income

    Topic: MPF Solutions August 4
    11:00 am EST (2 hours)
    Register | +

    In this webinar presented by Radian, PFIs will learn to understand out-of-the-ordinary income types.  Most of the income types to be discussed have a non-taxable portion. The calculation and documentation requirements for these types of incomes will be explained.

    This presentation is recommended for Loan Officers, Loan Processors, and Underwriters and Quality Control Staff.

    We recommend that participants review the following MPF Guide material before the webinar to become familiar with our general qualifying income requirements which are Underwriting Guide Chapter 4.6 through 4.6.24.

  • MGIC's Introduction to Underwriting

    Topic: MPF Solutions August 6
    11:00 am EST (2 hours)
    Register | +

    In MGIC’s Introduction to Underwriting workshop, you will get the tools you need to:

    • Understand the “why” of guidelines
    • Assess the risks of the loan request
    • Efficiently underwrite loan applications
    • Properly document the mortgage file including:
      • To meet Desktop® (DU®) or Loan Prospector® (LP) requirements
      • For unusual circumstances

    In this session, you will evaluate a sample loan file using the 4 C’s of underwriting with your underwriter’s pen in hand.

    The presentation is recommended for: Loan Officers, Processors, Underwriters, Quality Control staff

  • Delinquency Management

    Topic: MPF Solutions August 12
    11:00 am EST (2 hours)
    Register | +

    Co Presenter: MPF Program Master Servicer, Wells Fargo

    This workshop would benefit Collections, Foreclosure, Bankruptcy, REO and Default staff.

    This workshop will cover the management of the collections process; servicing procedures for collections; property inspection requirements; relief provisions and processes; temporary loan modification plan; foreclosure, bankruptcy and REO management process; foreclosure alternatives, expenses and reinstatements; REO action plan; REO servicing & marketing and REO reporting.

  • Ability-to-Repay and Safe Harbor Quality Mortgage Requirements

    Topic: About MPF August 21
    11:00 am EST (2 hours)
    Register | +

    The MPF Program presents a webinar on its ability-to-repay and safe harbor qualified mortgage requirements for all mortgages with a loan application date on or after January 10, 2014 as announced with PFI Notice 2014-1.

    Who should attend?

    • Loan Officers
    • Loan Processors
    • Underwriters
    • Quality Control Staff

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

    • PFI Notice 2014-1
    • Revisions to Origination Guide Chapters 2, 12, and 31
    • Revisions to Underwriting Guide Chapters 2, 3, 4, and 5
    • Revisions to the Loan Presentment Request Form (Form OG3) and Glossary
    • The new Self-Employed Borrower Income Analysis Guidelines (Underwriting Guide Exhibit A)
  • Loan Eligibility Workshop

    Topic: About MPF, MPF Solutions August 28
    11:00 am EST (2 hours)
    Register | +

    The MPF Program presents a workshop to help answer the question; Is this loan eligible for sale under the MPF Program? 

    The workshop will go over the loan eligibility guidelines for the MPF Portfolio Product stated in the MPF Underwriting and Origination Guides.

    The presentation is recommended for: 

    • Loan Officers
    • Loan Processors
    • Underwriters 
    • Quality Control Reviewers

 

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

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

The email should contain the workshop 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 workshops or the MPF Program, please contact either Heather Gostomski at (212) 441-6701, Tom Doyle at (212) 441-6712, or the MPF Help Desk at (877) 345-2673.

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