Chicago NeighborWorks Training Institute Chicago, IL August 18-22, 2008
This event is closed and is no longer accepting scholarship applications
Scholarship:
NCHEC/HUD NTI Scholarship
Description:
Scholarships are available for the NCHEC/HUD Training Program.
Scholarships are only available to staff of HUD-approved housing counseling agencies.
WHO SHOULD APPLY
The NeighborWorks® Center for Homeownership Education and Counseling (NCHEC), partnered with the U.S. Department of Housing and Urban Development (HUD), isoffering scholarships to the staff of HUD-Approved housing counseling agencies. A limited number of scholarships are available for select NCHEC Homeownership and Community Lending courses.
Your organization MUST be a HUD-approved housing counseling agency to apply for this scholarship.
HOW TO APPLY
Scholarship applications will ONLY be accepted using this online system.To apply for a scholarship you must first create an account by clicking the “Create Account” tab.Follow the directions on the web site to create a personal account.If you have already created an account, log in to the site.
Once you are logged into the site, Click on the “Learn More” tab for this event.Choose from the list of available courses and select your first- and second-choice course selections for the week. You must complete your online application by the stated deadline.
Incomplete applications will not be considered. Scholarship awards are non-transferable to other individuals, or from one event to another.
Eligibility
§Must be staff of a HUD-Approved Housing Counseling Agency.This includes affiliates of National Intermediaries or staff from Locally Approved Housing Counseling Agencies.
§Eligibility will be confirmed based on a valid HUD ID number, which must be indicated when applying for scholarships and registering for training events.
§Each agency may receive up to ONE scholarship during 2008 (subject to demand and availability, additional scholarships may be available).
Registration
If you are chosen to receive the scholarship, you will receive an e-mail notification and will be automatically registered for the event.
Support
This scholarship covers the cost of tuition and lodging, however there is a limited number of travel stipends (full scholarships) available as well. All awards are made on a first come, first served basis. If you are not awarded a full scholarship (tuition, lodging and travel), it is your sole responsibility to secure travel arrangments.Meals and all other travel related expenses are not provided under the scholarship, and are the responsibility of each participant.
Continental breakfast and morning and afternoon breaks will be provided to participants free of charge.
Note: In order to apply for the scholarship, you must create a new user account and be logged in to the site.
On this site you are applying for a scholarship. If you are eligible to receive a scholarship and are awarded it, an email confirmation will be sent to you. Until you receive an confirmation letter for this event you have not received a scholarship. If awarded a tuition scholarship, your confirmation letter will state if you have also been awarded a stipend. (A limited number of lodging stipends are available.)
Formerly, 'Fundamentals of Residential Lending.' This course is designed to introduce homeownership counselors to the basic procedures involved in first mortgage lending. Areas covered in this overview are loan origination, processing, underwriting, closing, servicing. Types of loan products available in both conventional and government loans are described along with brief discussions on credit scoring, appraisal, subprime and predatory lending. Students learn how to prequalify potential borrowers and how to calculate loan amounts and monthly mortgage payments.
Este curso introductorio enseña los procedimientos y reglas básicas para originar y procesar préstamos para primeras hipotecas. Las áreas de concentración incluyen los fundamentos de originar, asegurar, cerrar y vender préstamos al mercado secundario. Aprenda los requisitos para calificar, asegurar y empacar los préstamos para rehabilitación. Apropiado para el personal envuelto en procesar, originar o asegurar préstamos hipotecarios.
Learn how to avoid common lending pitfalls, especially those in RESPA and the Truth in Lending and Fair Housing Acts. Discuss violations of these federal laws and how to develop controls to ensure compliance. Explore how state regulations affect community lending. Examine the influence of nonfederal requirements on local lending activity, including state regulations and licensing requirements. Learn about successful efforts to reduce restrictive regulations by states.
Most lenders utilize credit scoring as a tool to help evaluate the credit risk of borrowers. This is certainly the case with many mortgage lenders. Credit scores aid lenders in predicting how creditworthy a borrower is or how likely they are to repay the debt. Many lenders also incorporate risk based pricing into their credit decisions based upon the credit score. Homeownership educators and counselors must fully understand how credit scoring works if they are to help clients with credit challenges improve their financial status.
Review the policies, procedures and accounting systems that nonprofit lenders must use to maintain their mortgage loan portfolios and prevent losses. Examine effective documentation systems. Learn practical techniques for controlling risks and avoiding default and foreclosure. Recommended for staff and board members concerned with servicing and collection.
Learn the protocol for counseling homeowners in financial distress. Every aspect of default and delinquency will be addressed, including reasons for default; ways to maximize income and reduce expenses; calculating delinquencies; understanding the players in the mortgage marketplace; loss-mitigation options for FHA-insured and other loans; legal information about foreclosure laws and timelines; tips on effectively intervening with lenders and servicers; managing multiple mortgages or liens; and the pros and cons of refinancing. This course also satisfies the requirements for Part II of the course, Housing Counseling Certification: Principles, Practices & Techniques, Part I.
Learn the protocol for counseling homeowners in financial distress. Every aspect of default and delinquency will be addressed, including reasons for default; ways to maximize income and reduce expenses; calculating delinquencies; understanding the players in the mortgage marketplace; loss-mitigation options for FHA-insured and other loans; legal information about foreclosure laws and timelines; tips on effectively intervening with lenders and servicers; managing multiple mortgages or liens; and the pros and cons of refinancing. This course also satisfies the requirements for Part II of the course, Housing Counseling Certification: Principles, Practices & Techniques, Part I.
This is an introductory course for new counselors. Learn the principles and applications of housing counseling from the points-of-view of the industry and the housing counselor. Examine the skills needed to be an effective housing counselor. Topics include the national picture, pre- and postpurchase counseling for homeowners, and delinquency and default counseling.
This is an introductory course for new counselors. Learn the principles and applications of housing counseling from the points-of-view of the industry and the housing counselor. Examine the skills needed to be an effective housing counselor. Topics include the national picture, pre- and postpurchase counseling for homeowners, and delinquency and default counseling.
Aprenda los principios y aplicaciones de la consejería para la compra de vivienda del punto de vista del consejero. Examine las destrezas necesarias para ser un consejero effectivo. Los temas a dialogar incluye la vista nacional, consejería de pre- y post-compra de vivienda y la delinquencia e incumplimiento. Consejeros que pueden hablar, leer y escribir en español deben tomar este curso.
This basic training from national experts in an interactive, fun environment covers everything you always wanted to know about reverse mortgages for older homeowners. Understand products and programs, analyze plans, compare costs and benefits, and identify alternatives. You will review counseling skills and ethics. Includes provocative case studies and hands-on access to product-comparison software and valuable Web-based resources. Appropriate for housing counselors and other housing, finance or nonprofit professionals new to the reverse mortgage field.
THIS COURSE REQUIRES THAT AN ONLINE TRAINING MODULE BE COMPLETED PRIOR TO THE FIRST DAY OF CLASS. Economic education is a critical piece of a comprehensive homebuyer education program. Given today’s economic climate and the increasing complexity of financial services, long-term successful homeownership requires sound knowledge of how to navigate the maze of financial options available. This course will identify the essential components of an effective financial literacy program and provide tools to help participants design programs that meet the needs of their target communities. INFORMATION ON HOW TO ACCESS THE ON-LINE TRAINING MODULE IS MADE AVAILABLE VIA EMAIL AFTER PARTICIPANTS REGISTER FOR THE COURSE.
La educación económica es una pieza crítica de todo programa comprensivo de educación pre- y post-compra de vivienda. Dado el clima económico actual y la creciente complejidad de los servicios financieros, se requiere un conocimiento sólido para navegar entre la madeja de opciones financieras disponibles y formar dueños de vivienda exitosos a largo plazo. Este curso identifica los componentes esenciales de un programa efectivo de educación financiera y le proveerá a los participantes las herramientas necesarias para atender las necesidades de las comunidades en que trabajan.
A high-energy crash course in conducting results-oriented individual counseling sessions for prospective homebuyers. This training provides a proven system for triaging customers, developing corrective action plans and timelines for success, and facilitating progress as customers overcome obstacles and move toward mortgage readiness. State-of-the-art software designed specifically for the professional credit counselor is provided and used during the course. These troubleshooting tools include a credit-rebuilding system, a debt-reduction system, and an automated budgeting system and down-payment savings accumulator. Counselors will use sample customer cases to identify obstacles, perform triage, develop corrective action plans, assign customer tasks, and simulate counseling sessions during this hands-on learning lab. This course is a must for the experienced counselor who is looking for new tools to make counseling sessions more structured, efficient and productive.
A high-energy crash course in conducting results-oriented individual counseling sessions for prospective homebuyers. This training provides a proven system for triaging customers, developing corrective action plans and timelines for success, and facilitating progress as customers overcome obstacles and move toward mortgage readiness. State-of-the-art software designed specifically for the professional credit counselor is provided and used during the course. These troubleshooting tools include a credit-rebuilding system, a debt-reduction system, and an automated budgeting system and down-payment savings accumulator. Counselors will use sample customer cases to identify obstacles, perform triage, develop corrective action plans, assign customer tasks, and simulate counseling sessions during this hands-on learning lab. This course is a must for the experienced counselor who is looking for new tools to make counseling sessions more structured, efficient and productive.
This course is designed to train homeownership counselors and other agencies that are addressing the issue of homelessness in their communities. The focus of the course will be on financial literacy education and housing in an effort to equip the homeless population and those at risk with the skills they need to improve their housing and financial circumstances in order to eventually achieve homeownership.
CounselorMax™ for Decision Makers and Administrators
Are you an Executive Director, Program Manager or Administrator who wants to fully utilize a client management system like CounselorMax™ in your agency to maximize process flow and reporting? In this course agency decision makers will learn how to:
- establish goals for success with CounselorMax™
- develop a plan for its implementation and
- use CounselorMax™ in a way that supports your current housing counseling operations
This course will show you how to harness the power of CounselorMax™ and support the unique needs of your agency. Designated CounselorMax™ administrators and managers will learn how to:
- set up your agency and create counselor roles within your database
- customize values so that the data fields yield important funding source information
- set up educational courses and events
- create and manage profiles for all of your clients
- compile customized reports and submit standard reports like the HUD 9902, NFMC reporting as well as the NeighborWorks Quarterly Compliance report.
Learn how to deliver a comprehensive homebuyer education program based on the curriculum that NeighborWorks organizations across the country are using to turn thousands of prospective homebuyers into satisfied homeowners. Learn to use the best materials and methods to train homebuyers to shop for a home, get a mortgage loan, improve their budget and credit profiles and maintain their home and finances after purchase. Participants should be fully familiar with mortgage industry terminology and processes prior to taking this course. An exam is given following the course for those interested in obtaining a Certificate of Professional Recognition in homebuyer education training.
Aprenda como llevar a cabo un programa educacional comprensivo basado en el curriculo con que las organizaciones NeighborWorks convierten a miles de posibles compradores en dueños de casa. Aprenda a utilizar los mejores materiales y métodos para adiestrar a compradores de casa sobre como comprar un hogar, obtener un préstamo hipotecario, mejorar su presupuesto y perfil de crédito, y mantener su hogar y sus finanzas luego de la compra. Este curso es para instructores y consejeros con experiencia. Luego de un examen y de haber finalizado el curso con éxito, se le otorgará un certificado profesional de NeighborWorks Training Institute. Presentación y materiales del curso en español!
This two-day course is designed to help counselors identify and understand the latest predatory lending practices to effectively help their customers avoid these unscrupulous practices.
This course is designed to demystify the process non-profit housing counseling agencies need to follow if they wanted to receive the HUD agency approval designation. This is a one day course targeted for executive directors and other management level staff that want more information on what they need to do for their agency to be considered for HUD approval. Participating in this class does not guarantee an agency will become HUD approved but rather is intended to bring clarity to the approval process.
This five-day course covers the recommended standards in design and methodology for postpurchase education programs. The course focuses on topics that help both new and existing homeowners manage their most important asset. These topics include home maintenance and repair, financial management and budgeting skills, insurance, methods for getting homeowners more involved in their community, early intervention programs to prevent delinquencies and default, and the pros and cons of refinancing. Learn how to develop sustainable, effective programs and recruit homeowners in your area to your classes. Participants should be fully familiar with financial education concepts prior to taking this course. An exam is given following the course for those interested in obtaining a Certificate of Professional Recognition in postpurchase education training.
This course is designed for housing counselors with a minimum of one year of extensive experience providing one-on-one prepurchase counseling to clients. (Counselors with less than one year of experience should first take the Introduction to Housing Counseling course - HO110). Through hands-on applications, this advanced course teaches counselors the skills, procedures and content needed to create new homeowners. Find out how to provide one-on-one counseling sessions to address savings, credit and debt barriers to homeownership, and using the latest industry tools, techniques and resources. Practice mortgage readiness assessment, prequalification, credit report review, action plan development and other key counseling activities. Full certification in housing counseling training is offered by completing this course, passing the exam, and completing the Foreclosure Basics course (HO109).
The huge demand for foreclosure counseling services has created the need for alternative solutions that will enable organizations to serve a greater number of clients. Group education and telephone counseling are two strategies that have emerged to assist in meeting the information needs of families in crisis. This course will discuss how to use these two strategies for maximum effectiveness.
The essential components of effective group foreclosure counseling and the techniques of effective phone counseling will be covered.
This course was previously titled Advanced Foreclosure. This is an advanced level course for counselors with at least one year of foreclosure intervention counseling experience. Participants in this two day class will examine a variety of actual foreclosure cases and participate in exercises and activities that will help them develop their ability to access, evaluate and recommend options to the borrower that are viable options to prevent foreclosure.
This course was previously titled Advanced Foreclosure. This is an advanced level course for counselors with at least one year of foreclosure intervention counseling experience. Participants in this two day class will examine a variety of actual foreclosure cases and participate in exercises and activities that will help them develop their ability to access, evaluate and recommend options to the borrower that are viable options to prevent foreclosure.
This course is a combination of lecture, discussion and exercises designed to reinforce understanding of the current lending environment and the expanded role of the nonprofit lender. Special emphasis is placed on examining brokerage benefits and drawbacks. Participants will learn what is involved in establishing a brokerage operation, as well as examine daily operations and sustainability. The course is intended for senior- and mid-level management of nonprofit organizations who have existing lending operations and want to learn more about the brokerage option.
This is a shorter version of the five-day Homebuyer Education Methods course, designed for trainers and counselors with more than five years of experience in the homeownership education and counseling field. (Participants should take either this course or the five-day version, but not both.) Review the training methodology and business practices needed to run a high-volume, high-quality homebuyer education program. Find out the latest on core homebuyer education topic areas. Receive state-of-the-art training tools and materials, and practice your presentation skills. An exam for NCHEC homebuyer education certification will be given following the course. Participants who do not pass the exam will be required to take the five-day version of the course.
This advanced level course is targeted for managers and other decision makers within the organization.
The class will examine best practices in foreclosure prevention and intervention from around the country that are making a difference in foreclosure rates. Participants will learn what's working and what's not so they can use that information to build the capacity of their own organization to deliver foreclosure services. Participants will also take a closer look at the servicer side of the foreclosure intervention process and how to build relationships with servicers that will make a difference for their clients. This course also satisfies Part II of the training requirements for the Foreclosure Intervention and Default Counseling Certification Part I program.
This advanced level course is targeted for managers and other decision makers within the organization.
The class will examine best practices in foreclosure prevention and intervention from around the country that are making a difference in foreclosure rates. Participants will learn what's working and what's not so they can use that information to build the capacity of their own organization to deliver foreclosure services. Participants will also take a closer look at the servicer side of the foreclosure intervention process and how to build relationships with servicers that will make a difference for their clients. This course also satisfies Part II of the training requirements for the Foreclosure Intervention and Default Counseling Certification Part I program.
This course will go a step beyond the current Training Institute course, 'Lending Basics for Homeownership Counselors', and provide participants with more concentrated time on client prequalification (for conventional, FHA and VA mortgages), mortgage insurance, appraisal review, proper loan packaging and how to avoid problems at closing.
This one day course is for counselors who already have expereince providing HECM or other reverse mortgage product counseling. Participants will learn advanced level counseling techniques and work through case studies. This course will also help better prepare counselors from HUD approved agencies who want to pursue certification as a HECM counselor.
This course is for counselors that have already taken course #HO250. This advanced course teaches counselors the skills, procedures and processes needed to package loans to their Lender partners. Through hands-on applications, participants will learn how to calculate income for self-employed and seasonal income borrowers and how to layer multiple funding sources including: Mortgage Credit Certificates, matching programs, and other down payment assistance sources. Participants will also determine how to assist their clients in choosing the right mortgage product as well as establishing profitable lender partnerships. This course will provide techniques that will enhance a counselor’s communication and negotiation skills while offering strategies for improving case management in order to work more effectively.
PASSING AN ONLINE PRE-TEST IS A PRE-REQUISITE FOR THIS COURSE
This five-day course is designed for counselors with one or more years of experience providing one-on-one foreclosure prevention and default counseling. This rigorous, in-depth course covers critical elements of the default and foreclosure process as well as loss mitigation options for prime and sub prime loans. Participants will engage in exercises and utilize case studies which will sharpen their negotiating skills with servicers and improve their counseling methods with clients.
REQUIREMENT: You must pass the prerequisite test with a score of 75% or better before enrolling in this course.
