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Recognizing and understanding the behaviors of Millennial and Gen Z homebuyers can empower loan officers and real estate agents to engage these distinct generations. Listen in as Tom Miller, Regional Vice President of MI Sales, and Brenda Smucker, Vice President of Learning and Development, discuss this ever-changing topic. 
In this episode, we will explore:
Interesting statistics comparing the different generationsConstructive ways to engage with potential borrowers and homebuyersHow each generation has different views and preferences when buying a homeFor more information, download Radian's infographic on The Millennial and Gen Z Homebuyer.


© 2024 Radian Group Inc. All Rights Reserved.  550 East Swedesford Road, Suite 350, Wayne, PA 19087. Radian Group Inc. and its subsidiaries and affiliates make no express or implied warranty respecting the information presented and assume no responsibility for errors or omissions. Redistribution or reproduction of all or part of the contents without Radian’s prior written consent is expressly prohibited. The content presented is intended to convey general information and is for informational purposes only and does not constitute legal or accounting advice or opinions. 

This episode is a part of Unlocking Loan Solutions with Radian, a micro-learning series for mortgage & real estate professionals, with video, audio, and job aid for each topic. Choose your preferred learning style and take your learning experience to a new level.
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Join us in this episode as we delve into the topic of Foster Care Income. We'll explore how the GSEs, Fannie Mae and Freddie Mac, treat this income type, discuss guidelines around the history of income receipt, and review general documentation requirements. We'll also provide a couple of scenarios to aid your understanding of the use of this income.

In this episode we will discuss:
What is Foster Care Income and how it is treated by the GSEsGuidelines around the history of receiptGeneral documentation requirementsScenarios to better understand the use of Foster Care Income
Resources
Fannie Mae Selling Guide: B3-3.1-01, General Income Information (12/13/2023)Fannie Mae Selling Guide: B3-3.1-09, Other Sources of Income (02/07/2024)Fannie Mae Selling Guide: What is required for foster-care income?Freddie Mac Seller/Servicer Guide: 5301.1, General requirements for all stable monthly incomeFreddie Mac Seller/Servicer Guide: 5305.2, Specific requirements for other income types
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With over a decade of experience helping investors across the single family rental (SFR) industry, Gregory Godderidge, VP of SFR Operations for Radian Real Estate Management, and Kade Clark, SVP of Digital Valuation Products & Sales for homegenius Real Estate, recently discussed the latest in the SFR space.
 In this episode, we will explore:
The current state of the SFR market todayThe projected trends of SFR throughout 2024 The latest trends for SFR Valuations regarding build to rent Contact us to learn more: https://info.homegenius.com/sfr



Single Family Rental services provided by Radian Real Estate Management LLC. 7730 South Union Park Ave., #400, Midvale, UT 84047. Tel: 801-869-1444. Licensed Property Management Company in UT (License # - 9172198-MN00) and NV (License #-ASM.0000217); Licensed Real Estate Company in UT (License # - 8818122-CN00). Other real estate services provided by homegenius Real Estate LLC and homegenius Real Estate Inc. (collectively dba homegenius Real Estate), each a subsidiary of homegenius, Inc. 7730 South Union Park Avenue, Suite 400, Midvale, UT 84047. Tel: 877.500.1415. homegenius Real Estate LLC and its wholly owned subsidiary are licensed in every state and the District of Columbia.This communication is provided for use by real estate professionals only and is not intended for distribution to consumers or other third parties. This does not constitute an advertisement as defined by Section 1026.2(a)(2) of Regulation Z

The content presented is intended to convey general information and is for informational purposes only and does not constitute legal or accounting advice or opinions. An attorney or accountant should be consulted for specific information.

© 2024 Radian Group Inc. All Rights Reserved.  550 East Swedesford Road, Suite 350, Wayne, PA 19087. Radian Group Inc. and its subsidiaries and affiliates make no express or implied warranty respecting the information presented and assume no responsibility for errors or omissions.   Redistribution or reproduction of all or part of the contents without Radian’s prior written consent is expressly prohibited

This episode is a part of Unlocking Loan Solutions with Radian, a micro-learning series for mortgage & real estate professionals, with video, audio, and job aid for each topic. Choose your preferred learning style and take your learning experience to a new level.
Watch the VideoDownload the Job AidAll episodes
In this episode, we explore the concept of parsonage income, also known as a housing allowance, and its impact on a mortgage loan application. We will discuss:
What is parsonage income and where it might come fromPotential benefits of parsonage incomeHow the GSEs treat this type of incomeDocumentation requirements for parsonage incomeExample scenarios to help better understand the use of parsonage income in a loan file
Resources
Fannie Mae Selling Guide B3-3.1-01, General Income Information - Using Nontaxable Income to Adjust the Borrower’s Gross Income Fannie Mae Selling Guide, What is required for housing or parsonage allowance?Fannie Mae Selling Guide B3-3.1-09, Other Sources of Income- Housing or Parsonage AllowanceFreddie Mac Selling Guide 5305.2, Specific requirements for other income types Freddie Mac Selling Guide 9202.3, Borrower income documentation for workout or relief options
Explore more complex income types, including non-taxable sources, social security income, child support and alimony.
Foundations On Demand Course: Not Your Ordinary Income Not Your Ordinary Income: Social Security BenefitsNot Your Ordinary Income: Military Pay
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This episode is a part of Unlocking Loan Solutions with Radian, a micro-learning series for mortgage & real estate professionals, with video, audio, and job aid for each topic. Choose your preferred learning style and take your learning experience to a new level.
Watch the VideoDownload the Job AidAll episodesAcronym List
In this episode, we explore the subject of non-occupant borrowers in mortgage transactions. We'll discuss what GSE guidelines consider when reviewing a loan with a non-occupant borrower, and how a non-occupant borrower may impact the loan decision.
What a non-occupant borrower is and why they may be included in a loan scenarioThe GSE guidelines for non-occupant borrowersHow to verify a non-occupant borrower's eligibilityReal-world scenarios involving non-occupant borrowers
Resources
Fannie Mae Selling Guide B2-2-04, Guarantors, Co-Signers, or Non-Occupant Borrowers on the Subject Transaction (09/02/2020)Fannie Mae Non-Occupant Borrower Fact SheetFreddie Mac Selling Guide 5103.1, Mortgages including a non-occupying
Borrower
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© 2023 Radian Group Inc. All Rights Reserved. 550 East Swedesford Road, Suite 350, Wayne, PA 19087. "Radian" is a brand of Radian Group Inc., including its licensed insurance affiliates. Mortgage insurance is provided and underwritten by Radian Guaranty Inc., a wholly owned subsidiary of Radian Group Inc. with home offices at 550 East Swedesford Road, Suite 350, Wayne, PA 19087. Radian Guaranty Inc. is a monoline mortgage insurance company licensed to write business in all 50 states, the District of Columbia and Guam. Radian Group Inc. and its subsidiaries and affiliates make no express or implied warranty respecting the information presented and assume no responsibility for errors or omissions. Redistribution or reproduction of all or part of the contents without Radian’s prior written consent is expressly prohibited. Scenarios provided for illustrative purposes only do not constitute a commitment or the guarantee of a specified rate. Determination of eligibility for a particular program or exemption is made by the relevant authority and not by Radian Group Inc. or its subsidiaries and/or affiliates.

This episode is a part of Unlocking Loan Solutions with Radian, a micro-learning series for mortgage & real estate professionals, with video, audio, and job aid for each topic. Choose your preferred learning style and take your learning experience to a new level.
Watch the VideoDownload the Job AidAll episodes
In this episode, we explore the concept of payment shock, its impact on loan reviews, and how it can be mitigated. We discuss:
Understanding payment shock in mortgage transactionsGSEs' guidelines on payment shockReal-life scenarios illustrating payment shockStrategies to mitigate payment shockImportance of borrower education and suitable mortgage products in managing payment shock
Resources
Fannie Mae Selling Guide B2-1.4-02, Adjustable-Rate Mortgages (ARMs) (12/14/2022)Fannie Mae Selling Guide B3-6-04, Qualifying Payment Requirements (06/07/2023)CFPB: Ability-to-Repay/Qualified Mortgage RuleRadian Guidelines
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© 2023 Radian Group Inc. All Rights Reserved. 550 East Swedesford Road, Suite 350, Wayne, PA 19087. "Radian" is a brand of Radian Group Inc., including its licensed insurance affiliates. Mortgage insurance is provided and underwritten by Radian Guaranty Inc., a wholly owned subsidiary of Radian Group Inc. with home offices at 550 East Swedesford Road, Suite 350, Wayne, PA 19087. Radian Guaranty Inc. is a monoline mortgage insurance company licensed to write business in all 50 states, the District of Columbia and Guam. Radian Group Inc. and its subsidiaries and affiliates make no express or implied warranty respecting the information presented and assume no responsibility for errors or omissions. Redistribution or reproduction of all or part of the contents without Radian’s prior written consent is expressly prohibited. Scenarios provided for illustrative purposes only do not constitute a commitment or the guarantee of a specified rate. Determination of eligibility for a particular program or exemption is made by the relevant authority and not by Radian Group Inc. or its subsidiaries and/or affiliates.