To: VHDA Originating Lenders
Date: October 9, 2007
Upcoming Lender Training Sessions:
Following is a list of upcoming Lender Training Sessions. You may obtain more detailed information on each session and register for the classes on-line at www.vhda.com
Info For Lenders - Training Calendar and Registration
Schedule of Training Sessions:
October 16, 2007 Delegated /Non-Delegated Underwriter Training – Richmond
October 17, 2007 Delegated Closer, Post Closer & Shipper Training- Richmond
October 17, 2007 Loan Officer/ Processor Training - Newport News
November 9, 2007 Loan Officer/ Processor Training - Northern Va.
November 13, 2007 Loan Officer/ Processor Training- Richmond
PMI Announces Reduced Rates and Involuntary Unemployment Insurance
PMI Mortgage Insurance Co. (PMI) has announced new reduced mortgage insurance premiums for VHDA financed loans. In addition, PMI insured VHDA loans will now also include involuntary unemployment insurance to help qualified borrowers make monthly mortgage payments if the are unable to work due to involuntary job loss. This feature is provided at no additional costs to the lender or borrower. Information regarding this new feature is available on VHDA web site – Information for Lenders – Program Information or you may contact you PMI Account Manager.