NewRez Training Calendar | Newrez Correspondent

Monday, October 03

2:00 - 2:45 pm EST

FHA Basics

This overview will provide the basics of FHA loans to our clients. Discussion will center on: Specifics of FHA; FHA Guidelines; FHA Case Number; CAIVRS; Exclusionary Lists; Statutory Loan Limits and Specifics of Transaction Types

Tuesday, October 04

11:30 am - 12:00 pm EST

FHA Streamline

This session will provide an overview of FHA Streamline loans. Discussion will center on: Streamline specifics; Guidelines and Transaction Types

Tuesday, October 04

2:00 - 2:45 pm EST

Mortgage Basics

This Webinar is specifically for those that are new to the mortgage industry. We will cover the details you will need to know about a mortgage transaction. By attending, you will be able to speak to your clients and answer their questions with confidence. It is part one of our Mortgage Fundamentals series that culminates with Loan Processing 101 and Advanced Processing.

Wednesday, October 05

11:30 am - 12:00 pm EST

Final Docs & DocGenius Overview

An Overview of NewRez's Final Doc policies and DocGenius usage.

Thursday, October 06

1:00 - 1:45 pm EST

Credit Reports Explained

This webinar will define the details of a credit report and how the credit score is derived. The goal is to provide a solid foundation to understanding credit reports and scores. We will review the basic facts of credit reports, components of a credit score and what is and is not included in the credit report and credit score. This session is part two of our Mortgage Fundamentals series.

Friday, October 07

11:30 am - 12:00 pm EST

MFG Home Guidelines

This brief session will provide an overview of manufactured housing guidelines for our FHA, VA and Agency products.

Monday, October 10

1:00 - 1:40 pm EST

SmartEdge Overview

The SmartEdge product is meant for borrowers that have strong credit and are looking for flexible financing options INCLUDING those looking for Non-warrantable Condos and Condotel options. We have just added an Asset Qualifier which features NO DTI calculations Those borrowers may have had some credit issue in the past. This includes credit issues such as: Bankruptcy, Foreclosure, Short sale

Monday, October 10

2:00 - 3:00 pm EST

USDA Basics

A review of USDA programs for Delegated and Non-Delegated Correspondents

Tuesday, October 11

2:00 - 2:45 pm EST

Assets in Review

This Webinar will cover assets and how they relate to a mortgage transaction. The goal is to provide a solid understanding of assets, defining and valuing those assets, how they are documented and which assets are acceptable. This sessions is the third in our Mortgage Fundamentals series.

Wednesday, October 12

1:00 - 1:45 pm EST

Smart Series: SmartSelf Overview

The SmartSelf product is designed for a strong credit quality, self-employed borrower. It allows for the use of bank statements instead of tax returns in order to qualify the borrower(s). The statements must show proof that the borrower’s income is: Stable, Sufficient to repay the borrower’s debts and Likely to continue. Our new feature allows the use of 1099's to qualify

Thursday, October 13

1:00 - 2:00 pm EST

Calculating Basic Income

An interactive session designed to assist in the calculation of some of the more common forms of income. This sessions is the fourth in our Mortgage Fundamentals series.

Friday, October 14

11:30 am - 12:00 pm EST

Collateral Underwriter Overview

This session will provide a general overview of Fannie Mae's Collateral Underwriter as well as some examples of findings to review.

Friday, October 14

1:00 - 1:40 pm EST

Smart Series: SmartVest Overview

The SmartVest product is for borrowers who are considered experienced real estate investors. They are looking to to purchase or refinance an investment property that is owned strictly as an investment. The borrower is going to be qualified based upon the cash flow of the subject property.

Monday, October 17

2:00 - 2:45 pm EST

VA Basics

This overview will provide the basics of VA loans to our clients. Discussion will center on: Specifics of VA; VA Guidelines and Specifics of Transaction Types

Tuesday, October 18

11:30 am - 12:00 am EST

VA IRRRLs

This session will provide an overview of VA IRRRL transactions. Discussion will center on: IRRRL specifics; Guidelines; Transaction Types; Product Features; Product Enhancements; Documentation Options and Questions

Tuesday, October 18

2:00 - 2:40 pm EST

Loan Processing 101

This session will cover the steps that necessary to process a loan. Understanding the loan application; Overview of automated underwriting options; Reviewing the credit report and Verifying income and assets This session is the fifth in our Mortgage Fundamentals series.

Wednesday, October 19

2:00 - 3:00 pm EST

Conforming Condo and Co-op Warranties

This session will provide an overview of condo and co-op project types as well as how to submit projects to NewRez for warranty.

Thursday, October 20

1:00 - 1:40 pm EST

Advanced Processing

This session will cover more in depth processing tasks. Increased details of the loan application; Credit and liability requirements; Acceptable Assets and Verifying different types income and assets. The sixth and final portion of our Mortgage Fundamentals series.