The CALIFORNIA ASSOCIATION OF REALTORS® Finance Helpline is proud to present a series of Workshops & Events that will educate and prepare our REALTORS® with first hand kowledgeable insight to the mortgage and housing finance system.
To be announced.
BACK TO BASICS: Lending - The In's & Out's of Getting a Loan
... is the second of our new free webinar series “Back to Basics” brought to you by the C.A.R. Finance Helpline! The C.A.R. Finance Helpline hosted Back to Basics: Lending – The In’s & Out’s of Getting a Loan on Wednesday, March 18th from 11 a.m. – 12 p.m. Kathy Cummings of Bank of America and Gary Weaver of WJ Bradley pointed out all of the key ways to have your client’s most prepared for obtaining not only financing, but the right program for them.
Here are just a few of the topics about Lending that were reviewed during this session:
The Home Application Checklist; Budgeting, Saving & Reducing Debt; Preparing for Home Ownership; Differences Between Lending Programs; Debt to Income Ratios; Re-Entry Timelines; Loan Calculators, What to Expect with RESPA-TILA Changes on Loan Documents; Buydown Program Benefits; W2 vs. 1099 Borrower Considerations in Lending; And more…!
BACK TO BASICS: The FICO Myths Debunked Webinar...
... is the first of our new free webinar series “Back to Basics” brought to you by the C.A.R. Finance Helpline! The C.A.R. Finance Helpline hosted Back to Basics: FICO Myths Debunked on Wednesday, January 7 from 11 a.m. – 12 p.m. FICO Principal Consultant Julie Wooding and Principal Scientist Tommy Lee dispelled the common myths of FICO and credit scores.
Here are just a few of the myths about FICO that were debunked during the session:
Checking a credit report will hurt my score Paying my debts will make my credit report instantly pristine Good credit is tied to how much money a consumer has in the bank And more…!
This webinars are part of an ongoing series of events focused specifically on consumer compliance issues. The “Outlook Live” Audio Conference is a Federal Reserve System initiative produced in conjunction with the quarterly newsletter Consumer Compliance Outlook.
Recordings of previous TILA-RESPA related webinars are available at the Outlook Live website (to access the recordings, click on the relevant archive file, enter the email address you originally used to register for the event or complete the registration form if you have previously not registered).
SOUTHERN CALIFORNIA EDUCATION AND ESCALATION WORKSHOP:
"Mortgage Financing in 2014: What You Need To Know"
C.A.R.'s Finance Helpline in partnership with Fannie Mae held a Finance Helpline Workshop on Thursday, March 20, 2014. The workshop offered REALTORS® an opportunity to hear from lenders, servicers and agencies about the changes affecting today's lending environment and provided one-on-one appointments to review stalled transactions and offer home buying assistance.
For information on the various panels held during the C.A.R. Finance Helpline Workshop and other information, read below:
- Moderator – Kevin Brown, 2014 C.A.R. President - Chase – Kyle Kasperick - Bank of America – Allen Seelenbinder - Citi – Jim McCraw
“Down Payment Assistance Programs, Changes and Help for Home Owners & Buyers” – Assistance ProgramsPDF
- Shane Hartzler, Moderator - Making Home Affordable - California Housing Finance Agency – Tom Nann - Down Payment Resource – Rob Chrane - Housing Urban Development – Nancy West - Freddie Mac – Jacqui Cosgrove
“Navigating Through Today’s Short Sales” – A Short Sale Panel PDF
- Fannie Mae – Jane Severn, Moderator - Bank of America – Adam Herson - Citi – Kamara McMullen - Ocwen – Thomas Conrady - Chase – Pedro Villasmil - Nationstar – Tim Fogarty - Wells Fargo – Abel Fregoso
HOT TOPICS WEBINAR:
What toExpect with Dodd-Frank and Why QM Doesn't Matter - Wednesday, January 8, 2014
The Dodd-Frank QM/QRM rules go into effect on January 10th, 2014 and C.A.R. wants its members to understand how these rules may or may not impact their clients and business in 2014. Hear from the largest lenders and the GSE's/FHA during C.A.R.'s January Hot Topics Webinar, presented by C.A.R.'s Finance Helpline.
The true story about QM
The most significant changes REALTORS® and their clients should expect in programs or offerings in the coming year
How the lending guidelines will look in the coming year
How to work effectively with lenders in 2014
Kyle C. Kasperick, VP Lending, JP Morgan Chase
Jim McCraw, Lending Market Manager, CitiMortgage, Inc.
Sheilah Goodman, Associate General Counsel, Fannie Mae
Nancy West, Marketing and Outreach Specialist, Dept. of Housing and Urban Development (HUD)
Moderated by Sara Sutachan, Manager of Broker & Real Estate Finance Outreach - Bio