Understanding a Significant Derogatory Credit Event

Training Image

This brief, 15-minute course will assist in identifying a significant derogatory credit event in the borrower's mortgage file and review the guidelines for acceptance. This will include reviewing Fannie Mae and Freddie Mac's guidelines for acceptance and documentation of an event.

Learning Objectives: Learn best practices in reviewing the application and credit report for a significant derogatory credit event.

Recommended Prerequisites: None

Recommended Audience: Loan Processor, Underwriter

  • In-Person
  • Live Webinar
  • Recorded Webinar

Select the resource files you'd like to download.