Home  ::  Log In  ::  Search :: 
EVENTS
Classroom-Based Programs
Conferences and Workshops
Instructor-Guided Online Courses
Live Webinars

PRODUCTS
Designations and Certificates
Magazine and Newsletter Subscriptions
Market and Research Data
Publications and Guides
Self-Study Web-Based Courses
Webinar Recordings and Packages

RC_LP_U_304.2 Fannie Mae Manually Underwritten Loans
Member Price: $49.00
Nonmember Price: $79.00
Product Code: DL2-011034-WC-W
Quantity:
Delivery Options: N/A







Description of Product
Description:

This is a single-family/residential couse.

The manual underwriting process involves detailed analysis and documentation of various components within the loan application according to standard guidelines published in the Fannie Mae Selling Guide. For loans that require a manual review, each of these components must be evaluated for risk of mortgage default in order to determine Fannie Mae eligibility.

Fannie Mae Manually Underwritten Loans presents underwriting requirements and risk evaluation principles for manually underwritten mortgages that will be sold to Fannie Mae. Participants will examine standard Fannie Mae guidelines and learn how to apply these guidelines to manually-underwritten loans and loans that require underwriting analysis beyond the automated risk evaluation performed in Desktop Underwriter.

The course begins with an overview of Fannie Mae's risk assessment philosophy. It then addresses steps to determine comprehensive risk. Next, the course describes documentation requirements. Finally, the course provides opportunities to practice applying the guidelines to realistic scenarios.

Through loan scenarios and case study work, participants will further enhance their underwriting skills. While this lesson specifically presents Fannie Mae's manual underwriting process, the philosophies introduced apply to general manual underwriting practices.

Topics:

  • Fannie Mae Risk Assessment
  • Primary Risk
  • Contributory Risk
  • Comprehensive Risk
  • Documentation Requirements
  • Fannie Mae Manual Underwriting Case Studies

    Seat time approximately one (1) hour.

    Copyright 2019.

     
  •  
    Product Category:
    Self-Study Web-Based Courses 
     
    Notes:
    This is a self-paced, self-study course. Enroll anytime and take up to 12 months to complete the course. 
     
    Contact Info:

    For registration information, call (800) 793-6222 or email education@mba.org.

     
     
    Contact E-mail:
    education@mba.org 
     
    Product:
    DL2-011034-WC-W 
     
    Title:
    RC_LP_U_304.2 Fannie Mae Manually Underwritten Loans 
     
    You may also be interested in these products...
    RC_LP_U_304.1 Underwriting Methodology
    $49.00/$79.00
    Details
    RC_LP_U_304.3 Freddie Mac Manually Underwritten Loans
    $49.00/$79.00
    Details


       Terms of Use & Privacy Statement

    Copyright © 2019 Mortgage Bankers Association.  All rights reserved.