New to the mortgage industry? This course provides an overview of the basics of what Mortgage Insurance (MI) is, how coverage and cost are calculated, and MI’s purpose and importance in light of today’s mortgage environment.
Includes updates based on Fannie Mae Lender Letter 2018-03 and Freddie Mac Bulletin 2018-06Learning Objectives: Review how to read a rate card, price MI using Genworth's Rate Express and understand the different types of MI. We'll also cover how claims are paid and under what terms MI can be cancelled.
Recommended Prerequisites: None
Recommended Audience: Mortgage Professional, Loan Officer, Loan Processor, Underwriter
In-Person Training: To arrange in-person training for your group, contact your sales representative. FIND YOUR REP NOW