There is growing demand for underwriters proficient in evaluating borrowers in today's rebounding home purchase market. To that end, Genworth U.S. Mortgage Insurance and the Mortgage Bankers Association (MBA) have teamed up to introduce a redesigned training curriculum for CampusMBA's Certified Residential Underwriter (CRU) Specialist Designation.
The program starts on Sept. 17.
Professionals who attend the program can become CRUs – the only specialized mortgage industry designation that signifies mastery of the specific skills needed to underwrite residential mortgages. Participants will learn tangible skills to increase accuracy in underwriting, improve risk management, increase productivity and boost loan quality.
In addition, participants who successfully complete the course learn about the latest laws, regulations and issues regarding fraud and regulatory compliance.
The CRU curriculum is divided into basic, intermediate and advanced levels. It represents at least 50 hours of coursework, with each level requiring successful completion of a comprehensive exam. Participants must complete a total of 15 required courses to achieve the CRU Specialist Designation.
Every Genworth USMI underwriter has completed the three levels of the CampusMBA training course and attained the CRU designation.
All courses for the CRU designation are self-study and Web-based. For more information, click here.