HUD Philadelphia Homeownership Center Webinar Archives

Homeownership Center Webinar Archives

This page contains links to the archived versions of previously recorded webinars presented by Homeownership Center staff. While HUD strives to ensure consistency among all four of the FHA Homeownership Centers the information contained in these webinars may contain geographical information specific to the HOC delivering the webinar. If you have any questions regarding the webinars archived on this site, please contact Dave Dwyer.

Webinar Archives List:

50 Most Common Appraisal Review Deficiencies (Broadcast Live on 8/23/2012). Did you know that FHA appraisals are reviewed for compliance with FHA requirements as well as USPAP? The Denver Homeownership Center provides a webinar on the 50 Most Common Deficiencies found in the review of FHA Appraisals. This webinar will provide an insight and understanding of the key areas of HUD Handbook 4150.2, Appendix D, and applicable mortgagee letters, relating to the completion of FHA Appraisals. Appraisers, underwriters, and loan processors new to the industry, as well as seasoned professionals looking for a refresher will benefit. Course materials. Frequently Asked Questions . Webinar Duration: 1.5 hours. Registration and Access to archived version.
Home Equity Conversion Mortgages (HECM) (Broadcast Live on 8/2/2012). This webinar will provide an overview and updates to the HECM process to include HECM purchase transactions and refinances. Anyone in the lending and housing industry seeking to better understand the HECM process could benefit from this session. Course materials. HECM Frequently Asked Questions. Webinar Duration: 2 hours. Registration and Access to archived version.
FHA Frequently Asked Questions and Hot Topics (Broadcast Live on 7/18/2012). This webinar will provide clarification to current hot topics and frequently asked questions (FAQs) in today's FHA lending environment. Covered topics will include: Credit Scenarios, Occupancy and Refinance transactions as well as most recent Mortgagee Letters. Course materials. FHA FAQs Webinar Poll Questions. Webinar Duration: 2 hours. Frequently Asked Questions from the Q&A session. Registration and Access to archived version.
Self-Employed Borrower Webinar (Broadcast Live on 6/27/2012). This webinar will help participants better understand underwriting self-employed borrower income and includes new policy updates. Training will cover analysis of the self-employed borrower’s individual tax return as well as a trend analysis of the self-employed borrower’s business by using the Schedule Analysis Method. Course materials, Additional Training Documents, Webinar Duration: 1.75 hours Self-Employed Borrower Frequently Asked Questions, Registration and Access to archived version.
Refinance Webinar (Broadcast Live on 5/22/2012). This webinar will help participants better understand the FHA General Refinance guidelines. Topics discussed include streamline, cash out, rate and term, as well as refinances for borrowers in negative equity positions. Attendees will learn about the new changes outlined in recent Mortgagee Letters. Basic calculations will be presented in this training course for anyone wanting to improve their knowledge of refinances. Course materials. Refinance Frequently Asked Questions. Webinar Duration: 1.5 hours Registration and Access to archived version.
Underwriting the FHA Appraisal (Broadcast Live on 4/25/2012). This Denver HOC sponsored webinar provides an overview of the responsibilities of the lender and guidance on how to underwrite Fannie Mae appraisal forms. This webinar is designed specifically for Underwriters and is not a technical appraiser training. Technical appraiser training will be offered at a later date. Course materials. Underwriting the Appraisal Frequently Asked Questions. Webinar Duration: 2 hours. Registration required.
FHA Basic Income and Assets Underwriting (Broadcast Live on 2/28/2012). The webinar is intended for mortgage loan professionals, including loan officers, underwriters and processors, new to FHA or who wish to refresh their knowledge of basic FHA income and assets underwriting policies. Topics will include effective income, rental income and the self-employed individual’s income. Acceptable sources of funds including gift fund and secondary financing guidelines will also be covered.

SPECIAL NOTE: Please note that due to technical difficulties, the webinar was put on mute on several occasions. These pauses in audio only last a few seconds and then the webinar and audio continue on normally. Also, please note the clarification for slide 14 (which includes the audio from approximately 21:13 to 21:43) regarding Social Security Income. Per 4155.1 4.D.2.k Social Security income must be verified by the Social Security Administration (SSA) or from Federal tax returns. If any benefits expire within the first full three years of the loan, the income may only be considered as a compensating factor.

Note:
- The lender must obtain a complete copy of the current awards letter.
- Not all Social Security income is for retirement-aged recipients; therefore, documented continuation is required.
- Some portion of Social Security income may be “grossed-up” if deemed nontaxable by the IRS.
Course materials. Q/A Document. Webinar Duration: 90 minutes. Registration and Access to archived version.
Preventing Mortgage Fraud and Foreclosure Scams (Broadcast Live on 2/28/2012). The webinar provides information on the detection and prevention of mortgage fraud and foreclosure scams and is a joint presentation of the Department of HUD, Federal Reserve Bank, Federal Trade Commission, and the Federal Deposit Insurance Corporation. The intended audience includes: Mortgage Industry (lenders, housing counselors, real estate agents, appraisers); Regulatory/governmental entities; as well as Consumers. Course materials. Webinar Duration: 3 hours. Registration and access to archived version.
Energy Efficient Mortgages (Broadcast Live on 2/22/2012). This webinar, presented by the Denver Homeownership Center, explains how to obtain the "present value of the energy saved." This training course provides real estate professionals, housing counselors, and lenders with an overview of the Energy Efficient Mortgage (EEM) process. Frequently Asked Questions for Energy Efficient Mortgages. Course materials. Webinar Duration: 1.25 hours. Registration required.
FHA Basic Credit/Liabilities Underwriting (Broadcast Live on 1/26/2012). This webinar, presented by the Denver Homeownership Center, is intended for mortgage loan professionals, including loan officers, underwriters and processors, new to FHA OR who wish to refresh their knowledge of basic FHA Credit and Liability Underwriting Policies. Topics will include overall credit history and liability analysis, short sales and non-traditional credit guidelines. Course materials. Frequently Asked Questions for FHA Basic Credit/Liabilities Underwriting Webinar. Webinar Duration: 1.5 hours. Registration required with no fee.
Property Inspection Requirements for FHA Appraisers (Broadcast Live on 1/17/2012). This webinar presented by the Denver Homeownership Center provides appraisers with property inspection requirements to include: neighborhood influences, site analysis, and improvements. Appraisers new to the FHA Roster, as well as seasoned professionals wishing to refresh their knowledge, will benefit from this in-depth look at property inspection requirements and HUD/FHA expectations. Course materials. Webinar Duration: 2 hours Registration
Getting the Most from HUD/FHAs Real-Estate Owned (Broadcast Live on 11/10/2011). This webinar presented by the Denver Homeownership Center provides underwriters, originators, real estate agents, and other industry partners with instructions to make the most of the remarkable opportunities available through HUD's REO disposition program. Attendees will gain knowledge on both the homebuyer's and property eligibility criteria as well as sales contract requirements. Become acquainted with HUD's special discount sales programs and skilled in calculating the FHA maximum mortgage amounts. Course materials. Webinar Duration: 1 hour. Registration
FHA Rehabilitation Programs – the 203(k) and Streamline (k) (Broadcast Live on 8/15/2011). This Denver HOC sponsored webinar provides information on the primary FHA rehabilitation program – Section 203(k). This webinar will cut through the red tape and give you an edge in how to achieve results in the bidding process, eligibility requirements and successful contract closing, including current HUD REO programs. Unique to this opportunity is step by step instructions in how to combine streamline 203(K), rehabilitation financing with other sources of funding to apply to the acquisition cost of the property. This training is a must for real estate agents in our current housing market!”. The webinar is intended for real estate brokers, loan officers, underwriters, and other interested FHA business partners. Registration
FHA Disaster Relief Program – Section 203(h) (Broadcast Live on 8/11/2011). This Denver HOC sponsored webinar provides information on the Section 203(h) Disaster Relief Program. Through this program the Federal Government helps victims in Presidentially designated disaster areas recover by making it easier for them to get mortgages and become homeowners or re-establish themselves as homeowners. This webinar reviews the details of this program and would be beneficial for participants active in those in areas of the country recently affected by natural disasters. The webinar is intended for underwriters, loan officers, processors and other FHA industry partners. Registration