Leveraging Rental Payment History Part III – Building the Borrower Profile, Nov. 20

About the Event

As housing affordability remains constrained, lenders have looked to new approaches to help first-time homebuyers achieve the American Dream. In many markets, average rent payments are often as high or higher than average monthly mortgage payments. The ability to successfully leverage timely rental payment history into the underwriting process could open the doors of homeownership for many current renters.

In the third and final iteration of this webinar series, speakers will explore ways to identify applicants most likely to benefit from the collection of rental payment history. Additionally, instructors will cover the power of closing the “Trust Gap”, along with collaboration opportunities that include housing counselors and sister trade associations.

Date/Time:

Thursday, November 20 (1:00 PM – 2:00 PM ET)

Objectives:

Identifying applicants most likely to benefit from optimizing rental payment history into the underwriting process

Consumer adoption may lag due to a “Trust Gap”

Leverage realtor partnerships and take action through state associations, sister trades, and housing groups

Experience Level:

Intermediate

Advanced

Target Audience:

Branch Managers and Heads of Production

Loan Officers and Loan Officer Assistants

Underwriting Managers and Underwriters

Compliance and Risk Management Professionals

Leaders of Affordable Lending efforts

Speaker(s):

Moderator: Wendy Penn, Vice President, Affordable Housing Initiatives, Mortgage Bankers Association

Julienne Joseph, Founder/Principal, JYJ Consulting LLC

Gene Frazier, Vice President, Producing Area Manager, Highlands Residential Mortgage and Board of Governors, Maryland Mortgage Bankers and Brokers Association

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