MPF® University Welcomes Radian: Understanding Liquid Assets
July 7, 2020
2:00 PM – 3:00 PM ET
This is the perfect session for any mortgage professional looking to build their knowledge of the most common asset types used to qualify your borrowers.
You will learn:
Liquid assets needs specific to the mortgage transaction: down payment, closing costs and reserves.
Eligible and ineligible assets
To evaluate and sources funds for commonly used liquid assets: checking accounts, savings accounts, CDs, gift funds, stocks, or bonds and business funds.
Industry and GSE guidelines for documentation, verification and sourcing of funds with a focus on red flags.
Who should attend?
The presentation is recommended for:
Quality Control Staff