Appraisal Review
Reminders
















Self-Employed
Income Analysis

Live Training Seminars from CMG MI

CMG MI offers these intensive live seminars in selected cities throughout the year. There's a wide choice of industry-related topics and each seminar is conducted by an expert in the field of mortgage lending. These professionals understand the Credit Union philosophy and the unique relationship Credit Unions have with their Members.

For information about the regional seminars and scheduling, please contact your CMG MI Account Executive.

All seminars are also offered in webinar format. Choose from:

Appraisal Review Basics

  • Learn the keys to reviewing the single-family appraisal (Form 1004).

  • Discover how appraisers determine value and the guidelines they should follow.

  • A good primer for the “Appraisal Review Challenges” session.

Appraisal Review Challenges

  • Emphasis on the challenges within the Sales Comparison Approach to value.

  • Understand how to review the Market Conditions Addendum.

  • Know what is required in distressed and declining markets.

Reviewing Personal Tax Returns

  • Discover where to find the income in personal tax returns that can be used to qualify your member.

  • Find out about Sole Proprietors, Rental income, Capital Gains, and more.

  • Learn how to use a worksheet to reconcile the figures from the tax returns.

Reviewing Business Tax Returns

  • It’s recommended you attend “Reviewing Personal Tax Returns” before attending this session.

  • Find out about Partnerships, S-Corporations, and Corporations.

  • Learn how to use a worksheet to reconcile the figures from the tax returns.

Underwriting: Guidelines

  • Learn key guidelines in the areas of employment, assets, and credit.

  • Understand the C’s of underwriting.

  • This session will prepare you for the topic “Underwriting: It’s About Risk.”

Underwriting: It’s About Risk

  • Learn how to define and assess the various risks in a mortgage loan.

  • Discover 6 challenges to effectively assessing risk.

  • Understand how behavioral economics and misrepresentation can add risk to your loan.

Why You? Communicating Value

  • Discover how to compete effectively in a commodity industry.

  • Determine what you are really selling and how to attract members to you.

  • Learn how to rise above the competition.

For more information, contact your CMG MI Account Executive or Customer Training Manager Blaine Rada, or call CMG Mortgage Insurance Company at (800) 909-4264.

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