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MGIC Designs for Learning Logo Training - MGIC Designs for Learning

Designs for Learning® webinars are listed below and in a printer-friendly format. Classroom training is available. Please see our Designs for Learning® catalog for options.

Live Webinars

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Appraisal Training: Featuring the Uniform Appraisal Dataset (UAD) Requirements

September 2 2:00 PM CT

Trainer: Rebecca Chase

September 19 10:30 AM CT

Trainer: Jeff Platfoot

Register

Webinar Details

Who Should Attend:
Processors, underwriters, loan officers

Format, Approximate Time Frame:
Live webinar, 2 hours

Overview:
In MGIC’s Residential Appraisal Review workshop, you will get the tools you need to help build and strengthen your appraisal evaluation skills. The more familiar you become with typical secondary market guidelines, learn what reports are available, and develop a deeper understanding of certain cautionary items that help identify potential problems, the better you will be at evaluating an appraisal.

In this session, you will:

  • Analyze the Uniform Residential Appraisal Report (URAR 1004/70), including interior and exterior photos, location map and floor plan sketch
  • Analyze the Market Conditions Addendum (1004MC/71)

This workshop provides the most up-to-date appraisal information and analytical tools, including:

  • Highlights of the Uniform Appraisal Dataset (UAD), effective September 1, 2011
  • A resource manual to keep at your desk as a handy reference after completing the training
  • An appraisal review checklist that helps identify potential cautionary items
  • Samples of other agency report forms

Special Event

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The CFPB Enforcement Tools: What Can You Expect?

September 10 10:30 AM CT

Trainer: David Medlin and G. Bradley Hargrave, Medlin & Hargrave

Register

Webinar Details

Who Should Attend:
Loan officers, managers, mortgage professionals

Format, Approximate Time Frame:
Live webinar, 60 minutes

Overview:
Dave Medlin and Brad Hargrave, two prominent regulatory legal experts, will give you insight into the CFPB enforcement tools. You'll also learn about Civil Investigative Demand and what to do if you receive one, as well as new guidelines relating to mini-correspondents.

In this session we'll look at:

  • CFPB Enforcement "Tools"
  • Supervisory Examination Objectives
  • Civil Investigative Demand (CID)
  • What to do you if you receive a CID
  • Mini-Correspondents
  • Investigatory Hearings
  • Possible Further Actions
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Evaluating Income and Assets

September 3 10:30 AM CT

Trainer: Sheryl Yu

September 25 2:00 PM CT

Trainer: Beryl Johnson

Register

Webinar Details

Who Should Attend:
Processors, underwriters, loan officers

Format, Approximate Time Frame:
Live webinar, 1.5 hours
Classroom, 2 hours

Overview:
Evaluating income and assets are a critical part of making an informed underwriting decision:

  • Will the borrowers be able to make their new mortgage payment AND meet all of their other monthly obligations?
  • Do down payment and cash management skills support their commitment to the property and to repaying their mortgage?

After this webinar, you'll be able to answer these questions by knowing how to:

  • Identify various income sources
  • Know how to document and calculate income from several diverse sources
  • Understand the different asset categories
  • Know how to document and source assets

Please note: This class does not include evaluating self-employed borrowers. MGIC offers additional basic and advanced Self-Employed Borrower classes for AGI and SAM accounting methods.

Special Event

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Fact, Fiction & FICOs®

September 17 10:30 AM CT

September 24 10:30 AM CT

Trainer: Vance Edwards

Register

Webinar Details

Who Should Attend:
Originators, Managers

Format, Approximate Time Frame:
Live webinar, 30 minutes

Overview:
Everyone knows how important credit scores have become today, and yet there are still many who don't know some of the basics behind this very important number. Mortgage professionals have a chance to differentiate themselves with homebuyers and Realtors by helping them understand what goes into the score and how their action impact their ability to get credit in the future.

Join us for a brief half hour where we will look at:

  • What is in a FICO score and what is not
  • How consumer behavior affects FICO scores
  • Tips to improving one's FICO score
  • What the younger generation of first-time homebuyers think they know about credit vs. what they really know

Special Event

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The Framework to Construction-Permanent and Rehab Loans

September 15 2:00 PM CT

Trainer: Vance Edwards

Register

Webinar Details

Who Should Attend:
Loan officers, managers, mortgage professionals

Format, Approximate Time Frame:
Live webinar, 30 minutes

Overview:
As if we needed more proof that the construction sector was heating up, new data from the Bureau of Labor shows Residential Construction Employment (residential builders and trade contractors) up more than 300,000 since 2011. As mortgage professionals we need to continue to build the relationship with local builders. That starts with understanding what is important to them and how to get loans done to sell their homes. MGIC offers simple, streamlined MI options and a Commitment/Certificate that accommodates the construction timeline that allows you to structure the loan as either a purchase loan or rate/term refinance.

In this session we'll look at:

  • Recent market trends
  • MGIC's Construction-Permanent program
  • MGIC Home Improvement/Rehab program

Special Event

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Helping Homebuyers Over the Down Payment Hurdle

September 18 2:00 PM CT

September 23 2:00 PM CT

Trainer: Vance Edwards

Register

Webinar Details

Who Should Attend:
Loan officers, managers, mortgage professionals

Format, Approximate Time Frame:
Live webinar, 30 minutes

Overview:
It has almost always been the biggest obstacle for most would-be homeowners... the down payment. In today's market homebuyers face a less than robust economy, student loans and media misinformation. MGIC founded the modern private MI industry to help people buy a home with little money down, and there are many options still available to them today.

In this session we'll examine:

  • Fannie Mae's MyCommunityMortgage® program
  • Freddie Mac's Home Possible® program
  • MGIC's HFA Preferred program
  • 100% gift options
  • Down Payment Assistance programs
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MGIC MI Basics

September 8 2:00 PM CT

Trainer: Scott Meerstein

September 15 10:30 AM CT

Trainer: Zak Werth

Register

Webinar Details

Who Should Attend:
Processors, underwriters and loan officers new to the mortgage business or looking to refresh their knowledge about mortgage insurance

Format, Approximate Time Frame:
Live webinar, 1 hour
Classroom, 2 hours

Overview:
In 1957, MGIC created private mortgage insurance to help make homeownership more affordable. Today, the mortgage industry offers more financing alternatives for high-LTV lending, yet MI remains one of the safest, most affordable options for both lenders and borrowers.

Join MGIC for this fundamental workshop, and get acquainted — or reacquainted — with the basics of mortgage insurance. You'll learn to

  • consider, compare and conclude which options are best for borrowers;
  • understand what MI is and how it works;
  • demystify some of the misunderstandings and misinformation surrounding MI; and
  • learn how to calculate MI rates based on popular premium plans.

Special Event

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MGIC's New Master Policy — Origination Topics

September 2 10:00 AM CT
September 3 3:30 PM CT
September 11 3:30 PM CT
September 12 10:00 AM CT

Trainer: Tom Steppe

Register

Webinar Details

Who Should Attend:
Production, QC and underwriting managers, underwriters, QC personnel

Format, Approximate Time Frame:
Live webinar, 60 minutes

Overview:
MGIC's new Master Policy will be effective on October 1, 2014. We'll review our expanded Gold Cert coverage (rescission relief) and submission options.

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Self-Employed Borrowers — Basic (AGI Method)

September 3 2:00 PM CT

Trainer: Sheryl Yu

Register

Webinar Details

Who Should Attend:
Processors, underwriters, loan officers

Format, Approximate Time Frame:
Live webinar:
Basic SAM or AGI, 1.5 hours
Classroom, 3 hours

Overview:
Join MGIC for this comprehensive workshop that will take you step-by-step through a self-employed borrower's personal tax returns. Defining common terms and theories such as nonrecurring vs. recurring, depreciation and other noncash expenses, etc. will help you to develop a clearer picture of your self-employed borrower's financial standing. In this workshop, you will learn to:

  • Review personal tax returns and schedules focusing on sole proprietor (Schedule C); unreimbursed business expenses (2106); rental income properties and their losses and expenses, including noncash expenses (Schedule E) and partnership income (K-1);
  • Understand recurring vs. nonrecurring income and loss;
  • Analyze the partnership business returns (1065);
  • Increase efficiency in processing and underwriting SEB loan applications; and
  • Understand documentation requirements, acceptable income and underwriting criteria
Special Events Icons

Self-Employed Borrowers — Basic (SAM Method)

September 4 2:00 PM CT

Trainer: Rebecca Chase

Register

Webinar Details

Who Should Attend:
Processors, underwriters, loan officers

Format, Approximate Time Frame:
Live webinar:
Basic SAM or AGI, 1.5 hours
Classroom, 3 hours

Overview:
Join MGIC for this comprehensive workshop that will take you step-by-step through a self-employed borrower’s personal tax returns. Defining common terms and theories such as nonrecurring vs. recurring, depreciation and other noncash expenses, etc. will help you to develop a clearer picture of your self-employed borrower’s financial standing. In this workshop, you will learn to:

  • Review personal tax returns and schedules focusing on sole proprietor (Schedule C); unreimbursed business expenses (2106); rental income properties and their losses and expenses, including noncash expenses (Schedule E) and partnership income (K-1);
  • Understand recurring vs. nonrecurring income and loss;
  • Analyze the partnership business returns (1065);
  • Increase efficiency in processing and underwriting SEB loan applications; and
  • Understand documentation requirements, acceptable income and underwriting criteria
Special Events Icons

Self-Employed Borrowers — Advanced (AGI Method)

September 19 2:00 PM CT

Trainer: Jeff Platfoot

Register

Webinar Details

Who Should Attend:
Processors, underwriters, loan officers

Format, Approximate Time Frame:
Live webinar:
Advanced SAM or AGI, 2 hours
Classroom, 3 hours

Overview:
This comprehensive workshop will help you dig deeper through business tax returns to develop a clearer picture of your self-employed borrower’s personal and business financial standing. This workshop will provide:

  • A high-level review of personal tax returns and schedules including sole proprietor (Schedule C); unreimbursed business expenses (2106); rental income properties and their losses and expenses, including noncash expenses (Schedule E) and partnership income (K-1);
  • An in-depth look at business tax returns for 1065 partnerships, 1120 S Corporations and the 1120 US Corporate returns;
  • Ways to increase efficiency in processing and underwriting SEB loan applications; and
  • A review of documentation requirements, acceptable income and underwriting criteria

Note: This course assumes an understanding of the basic fundamentals for analyzing tax returns such as recurring vs. nonrecurring income/loss; depreciation, noncash expenses, etc. and how they affect cashflow.

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Self-Employed Borrowers — Advanced (SAM Method)

September 25 10:30 AM CT

Trainer: Beryl Johnson

Register

Webinar Details

Who Should Attend:
Processors, underwriters, loan officers

Format, Approximate Time Frame:
Live webinar:
Advanced SAM or AGI, 2 hours
Classroom, 3 hours

Overview:
This comprehensive workshop will help you dig deeper through business tax returns to develop a clearer picture of your self-employed borrower’s personal and business financial standing. This workshop will provide:

  • A high-level review of personal tax returns and schedules including sole proprietor (Schedule C); unreimbursed business expenses (2106); rental income properties and their losses and expenses, including noncash expenses (Schedule E) and partnership income (K-1);
  • An in-depth look at business tax returns for 1065 partnerships, 1120 S Corporations and the 1120 US Corporate returns;
  • Ways to increase efficiency in processing and underwriting SEB loan applications; and
  • A review of documentation requirements, acceptable income and underwriting criteria

Note: This course assumes an understanding of the basic fundamentals for analyzing tax returns such as recurring vs. nonrecurring income/loss; depreciation, noncash expenses, etc. and how they affect cashflow.

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Using MGIC in Encompass360®

September 30 2:00 PM CT

Trainer: Gretchen Theisen

Register

Webinar Details

Who Should Attend:
Loan officers, processors

Format, Approximate Time Frame:
Live webinar, 30 minutes

Overview:
Learn how to navigate your way around MGIC's interfaces in Encompass360. Knowing how the interfaces work can help you save data entry time and ensure accuracy, which leads to being more productive. Join us for a 30-minute webinar that will highlight how to:

  • Sign up
  • Access MGIC's interfaces
  • Know which interface is best for you
  • Get MI rates
  • Order MI
  • Import MI fee fields
  • Retrieve the C/C
  • Resources

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Recorded Webinars

Recorded Webinars Icon

Recorded presentations are available to you to play at your convenience, at no charge. You may need to adjust your speaker volume.

Appraisal Training

Watch Now

Webinar Details

Who Should Attend:

Processors, underwriters, loan officers

Format, Approximate Time Frame:

Recorded webinar, 1 hour 30 minutes

Overview

In MGIC’s Residential Appraisal Review workshop, you will get the tools you need to help build and strengthen your appraisal evaluation skills. The more familiar you become with typical secondary market guidelines, learn what reports are available, and develop a deeper understanding of certain cautionary items that help identify potential problems, the better you will be at evaluating an appraisal.

In this session, you will:

  • Analyze the Uniform Residential Appraisal Report (URAR 1004/70), including interior and exterior photos, location map and floor plan sketch
  • Analyze the Market Conditions Addendum (1004MC/71)

This workshop provides the most up-to-date appraisal information and analytical tools, including:

  • Highlights of the Uniform Appraisal Dataset (UAD), effective September 1, 2011
  • A resource manual to keep at your desk as a handy reference after completing the training
  • An appraisal review checklist that helps identify potential cautionary items
  • Samples of other agency report forms

Evaluating Income and Assets

Watch Now

Webinar Details

Who Should Attend:

Processors, underwriters, loan officers

Format, Approximate Time Frame:

Recorded webinar, 1.5 hours

Overview

Evaluating income and assets are a critical part of making an informed underwriting decision:

  • Will the borrowers be able to make their new mortgage payment AND meet all of their other monthly obligations?
  • Do down payment and cash management skills support their commitment to the property and to repaying their mortgage?

After this webinar, you'll be able to answer these questions by knowing how to:

  • Identify various income sources
  • Know how to document and calculate income from several diverse sources
  • Understand the different asset categories
  • Know how to document and source assets

Please note: This class does not include evaluating self-employed borrowers. MGIC offers additional basic and advanced Self-Employed Borrower classes for AGI and SAM accounting methods.

Go! Win Realtors

Watch Now

Webinar Details

Who Should Attend:

Loan officers

Format, Approximate Time Frame:

Recorded webinar, 30 minutes

Overview

You get it. Conventional with private MI is the better option for many borrowers. So how do you use those changes to differentiate yourself? To win business from Realtors®, builders and borrowers? Let MGIC help! Join us for a 30-minute webinar that will highlight:

  • Recent market trends
  • MGIC's streamlined underwriting Go! program
  • Why all industry changes are good for you when it comes to working with Realtors®
  • MGIC's expansive gift policy
  • How to present MI to Realtors®, builders and buyers
  • Marketing materials you can use with your referral partners

MGIC MI Basics

Watch Now

Webinar Details

Who Should Attend:

Processors, underwriters and loan officers new to the mortgage business or looking to refresh their knowledge about mortgage insurance

Format, Approximate Time Frame:

Recorded webinar, 30 minutes

Overview

In 1957, MGIC created private mortgage insurance to help make homeownership more affordable. Today, the mortgage industry offers more financing alternatives for high-LTV lending, yet MI remains one of the safest, most affordable options for both lenders and borrowers.

Join MGIC for this fundamental workshop, and get acquainted — or reacquainted — with the basics of mortgage insurance. You'll learn to:

  • consider, compare and conclude which options are best for borrowers;
  • understand what MI is and how it works;
  • demystify some of the misunderstandings and misinformation surrounding MI; and
  • learn how to calculate MI rates based on popular premium plans.

Putting the Pieces Together: Processing Mortgage Apps

Watch Now

Webinar Details

Who Should Attend:

Processors and loan officers with less than 3 years of experience in the mortgage business

Format, Approximate Time Frame:

Recorded webinar, 2 hours

Overview

Our PTPT seminar incorporates a high level overview of the basic principles of processing and underwriting and helps you become comfortable with the fundamental skills required to effectively take and process a mortgage application. Join us for this insightful workshop, and you'll maximize your effectiveness and value to both your borrowers and your company.
You'll learn to:

  • logically gather data and documents;
  • understand the importance of a complete 1003;
  • understand risk layering;
  • evaluate The Four Cs — Credit, Capacity, Capital and Collateral — which help determine mortgage worthiness; and
  • ask the right questions to maximize your effectiveness and value to both your borrower and your company.

Self-Employed Borrowers — Basic (AGI Method)

Watch Now

Webinar Details

Who Should Attend:

Processors, underwriters, loan officers

Format, Approximate Time Frame:

Recorded webinar, 2 hours

Overview

Join MGIC for this comprehensive workshop that will take you step-by-step through a self-employed borrower’s personal tax returns. Defining common terms and theories such as nonrecurring vs. recurring, depreciation and other noncash expenses, etc. will help you to develop a clearer picture of your self-employed borrower’s financial standing. In this workshop, you will learn to:

  • Review personal tax returns and schedules focusing on sole proprietor (Schedule C); unreimbursed business expenses (2106); rental income properties and their losses and expenses, including noncash expenses (Schedule E) and partnership income (K-1);
  • Understand recurring vs. nonrecurring income and loss;
  • Analyze the partnership business returns (1065);
  • Increase efficiency in processing and underwriting SEB loan applications; and
  • Understand documentation requirements, acceptable income and underwriting criteria

Self-Employed Borrowers — Basic (SAM Method)

Watch Now

Webinar Details

Who Should Attend:

Processors, underwriters, loan officers

Format, Approximate Time Frame:

Recorded webinar, 1 hour 30 minutes

Overview

Join MGIC for this comprehensive workshop that will take you step-by-step through a self-employed borrower’s personal tax returns. Defining common terms and theories such as nonrecurring vs. recurring, depreciation and other noncash expenses, etc. will help you to develop a clearer picture of your self-employed borrower’s financial standing. In this workshop, you will learn to:

  • Review personal tax returns and schedules focusing on sole proprietor (Schedule C); unreimbursed business expenses (2106); rental income properties and their losses and expenses, including noncash expenses (Schedule E) and partnership income (K-1);
  • Understand recurring vs. nonrecurring income and loss;
  • Analyze the partnership business returns (1065);
  • Increase efficiency in processing and underwriting SEB loan applications; and
  • Understand documentation requirements, acceptable income and underwriting criteria

Self-Employed Borrowers — Advanced (AGI Method)

Watch Now

Webinar Details

Who Should Attend:

Processors, underwriters, loan officers

Format, Approximate Time Frame:

Recorded webinar, 2 hours

Overview

This comprehensive workshop will help you dig deeper through business tax returns to develop a clearer picture of your self-employed borrower’s personal and business financial standing. This workshop will provide:

  • A high-level review of personal tax returns and schedules including sole proprietor (Schedule C); unreimbursed business expenses (2106); rental income properties and their losses and expenses, including noncash expenses (Schedule E) and partnership income (K-1);
  • An in-depth look at business tax returns for 1065 partnerships, 1120 S Corporations and the 1120 US Corporate returns;
  • Ways to increase efficiency in processing and underwriting SEB loan applications; and
  • A review of documentation requirements, acceptable income and underwriting criteria

Note: This course assumes an understanding of the basic fundamentals for analyzing tax returns such as recurring vs. nonrecurring income/loss; depreciation, noncash expenses, etc. and how they affect cashflow.

Self-Employed Borrowers — Advanced (SAM Method)

Watch Now

Webinar Details

Who Should Attend:

Processors, underwriters, loan officers

Format, Approximate Time Frame:

Recorded webinar, 2 hours

Overview

This comprehensive workshop will help you dig deeper through business tax returns to develop a clearer picture of your self-employed borrower’s personal and business financial standing. This workshop will provide:

  • A high-level review of personal tax returns and schedules including sole proprietor (Schedule C); unreimbursed business expenses (2106); rental income properties and their losses and expenses, including noncash expenses (Schedule E) and partnership income (K-1);
  • An in-depth look at business tax returns for 1065 partnerships, 1120 S Corporations and the 1120 US Corporate returns;
  • Ways to increase efficiency in processing and underwriting SEB loan applications; and
  • A review of documentation requirements, acceptable income and underwriting criteria

Note: This course assumes an understanding of the basic fundamentals for analyzing tax returns such as recurring vs. nonrecurring income/loss; depreciation, noncash expenses, etc. and how they affect cashflow.

The Changing Market — How Appreciation and Cancellation Impact MI Premium Options

Watch Now

Webinar Details

Who Should Attend:

Loan officers, managers, mortgage professionals

Format, Approximate Time Frame:

Recorded webinar, 30 minutes

Overview

Headlines have declared housing is back. Many markets have already seen tremendous appreciation, and many economists are forecasting steady growth. At the same time we've seen changes to FHA and conventional guidelines, along with the long-awaited QM rule. So what does that mean to you and your borrowers when determining whether to go conventional or FHA? Or when selecting which MI premium plan to use?

Join us for a 30-minute webinar where we will show you how recent industry changes can impact those decisions. In this webinar we'll examine:

  • Recent market trends
  • Latest FHA changes and MGIC's streamlined underwriting Go! program
  • How appreciation and cancellation impact high-LTV options
  • How to use current market changes to your advantage with Realtors, builders and borrowers
  • Ways MGIC can help you differentiate yourself from the competition

Using Simple, Streamlined MI To Increase Your Business

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Webinar Details

Who Should Attend:

Loan officers, managers

Format, Approximate Time Frame:

Live on e-Train, 20 minutes

Overview

MGIC has significantly expanded and streamlined guidelines to provide the simplest way to get MI. Great news... but what does that really mean for you? How do you use these expanded guidelines to help you expand your business? Prevail in the purchase market? Capture attention of Realtors® and consumers?

Join us for a short 20-minute webinar where we will discuss and answer questions regarding:

  • MGIC's streamlined underwriting Go! program
  • MGIC's expansive gift policy
  • How recent industry and economic changes provide the perfect opportunities to stand out and win business
  • How to present your new expanded guidelines to your Realtor partners

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Tutorials for MGIC Online Tools

Recorded Webinars Icon

Recorded tutorial presentations are available to you to play at your convenience, at no charge. You may need to adjust your speaker volume.

MI origination tools

Submitting HARP loans using MGIC's Refi-to-Mod Program

4:47 minutes

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Using the Loan Center

8:00 minutes

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MI servicing tools

Activate MI Coverage With MGIC/Link

1:48 minutes

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Cancel MI Coverage With MGIC/Link

3:00 minutes

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Change Loan Numbers With MGIC/Link

2:35 minutes

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Report Individual Loan Modifications Through MGIC/Link

4:06 minutes

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Report Multiple Loan Modifications Through MGIC/Link

2:26 minutes

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Send and Receive Files With Secure File Transfer (SFT)

4:39 minutes

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Transfer Servicing With MGIC/Link

2:11 minutes

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Default Servicing Tools

Deed-in-Lieu Requests Through MGIC/Link

2:53 minutes

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File/Update a Default With MGIC/Link

2:43 minutes

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HAMP Reporting With MGIC/Link

2:49 minutes

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Transfer Servicing With MGIC/Link

2:11 minutes

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Report Individual Loan Modifications Through MGIC/Link

4:06 minutes

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Report Multiple Loan Modifications Through MGIC/Link

2:26 minutes

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Short Sale Reporting With MGIC/Link

2:52 minutes

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Claim servicing tools

Claims Pending Doc Request

4:25 minutes

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LOS/PPE/Doc Delivery tools

Order MGIC MI through BytePro®

1:17 minutes

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Order MGIC MI through Calyx Point®

1:23 minutes

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Order MGIC MI and get rates through Ellie Mae Encompass360®

2:28 minutes

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Get MGIC MI rates through LoanSifter

2:23 minutes

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Get MGIC MI rates through Mortech MarksmanLMP

2:33 minutes

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Get MGIC MI rates through Optimal Blue

4:25 minutes

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