8 Hour SAFE Comprehensive: 2023 Originator Essentials
General 8-hour online continuing education course for MLO licensees who do not need a state-specific course.
All learning is online. Start immediately. Learn on your own schedule.
Video segments highlight important points
Download and print your own certificate.
Includes PDF/EPUB eBook of all reading material for your tablet or Kindle.
Have a narrator read the entire course to you as you make progress. You can also download the entire course in MP3 audio format. (National portion only)
This 8-hour NMLS continuing education course will instruct mortgage loan originators on a number of regulations that they will have to comply with while taking part in their mortgage loan origination activities.
In the first module of this course we'll cover a variety of conduct issues related to federal laws that are among the most frequently cited industry problems. The Top 10 issues that examiners discovered include issues with adverse action notices, Closing Disclosure corrections, and charging prohibited fees. The topics in this module are mandated by the CSBS.
The second module is written with a focus on consumer protection. We'll review Identity Theft rules, proper telemarketing, and handling Suspicious Activity Reports.
The third module covers unique mortgage product solutions for unique customers. This module goes into depth about the federal Veterans Administration loan program and how it benefits both the veteran borrower and the lender.
The fourth and last module outlines the importance of fair housing opportunities for all people.
Please review the Course Syllabus for more details about this course.
This mortgage loan originator training satisfies 8 hours of required continuing education for mortgage loan originators. This course is approved by the NMLS. A valid NMLS ID number is required to receive credit for this course. Certain states may have additional requirements beyond what this course provides. Be sure to check with your state to see if this course meets your needs.
This course is new for 2023 and meets the SAFE Act's "successive years" rule.
+ $12.00 NMLS Credit Banking Fee
|Category:||Vocational Training > Mortgage > Continuing Education > CE Comprehensive|
|Purpose:||General 8-hour online continuing education course for MLO licensees who do not need a state-specific course|
|Features:||online text, online video, printable certificate, PDF eBook|
NMLS Course Provider ID: 1400327
Purchase of this package requires that you read and acknowledge an Enrollment Agreement before receiving credit for any courses contained in this package. Please review the following:
NMLS Course ID: 14884
NMLS Sponsor ID: 1400327
Credit Hours Provided: 8
Category: CE Comprehensive
This course will instruct mortgage loan originators on a number of regulations that they will have to comply with while taking part in their mortgage loan origination activities. Rules, such as those implemented by the Dodd-Frank Wall Street Reform and Consumer Protection Act, are set in place to protect the interest and well-being of consumers who apply for mortgages to purchase or refinance their properties. To ensure that their business practices satisfy the regulations adopted by federal laws, mortgage loan originators need to keep current on the guidelines published by entities such as the Consumer Financial Protection Bureau (CFPB).
This course consists of four sections and a final exam
Top 10 Federal Topics for 2023
Ethical Treatment of Consumers
The VA Home Loan Program
Fair Housing in Today's Market
Total study time: 8 credit hours (6 hours, 40 minutes)
Study Time: 3 clock hours (150 minutes of federal law)
Fair lending along with compliance to the law, established rules, and implemented regulations is everyone’s responsibility. When compliance failures occur, everyone, including the customer, loses.
The topics outlined in this module are mandated by the NMLS and state regulators, covering the more egregious regulatory compliance failures recently discovered through various regulatory examinations, investigations, and audits.
Study Time: 2 clock hours (100 minutes of ethics, fraud, and consumer protection)
The ethical treatment of consumers and ethical practices in mortgage lending are a high focus of regulators and consumer advocacy groups. This module will cover ethics, including identity theft prevention, fraud prevention, and consumer protection requirements.
Study Time: 2 clock hours (100 minutes of non-traditional mortgage)
The objective of the Veterans Administration (VA) mortgage loan program is to provide long-term financing to eligible American military veterans and their surviving spouses, helping veterans purchase properties with no down payment. The program allows eligible veterans to buy, build, repair, retain, or adapt a home for personal occupancy as well as refinance an existing mortgage loan.
Study Time: 1 clock hour (50 minutes of elective topics)
All mortgage lenders and originators, and all others involved in mortgage lending, are subject to state and federal fair lending laws. To remain in compliance, everyone in the lending industry should fully understand these laws.
In this module, we will cover fair housing laws designed to protect consumers, your company, and yourself from discriminatory lending practices. Specifically, we are going to explore relevant provisions of fair housing and take a look at a few issues found in fair housing Law.
You must have an NMLS ID to receive credit for this course. You will need this number before you begin the course.
If you already have an NMLS ID but don't remember what it is:
If you do not have an NMLS ID and need to obtain one, use the instructions available in the NMLS Resource Center
This course will remain available to students for 365 days after enrollment.
To provide superior distance education that exceeds industry standards and expectations in course content and delivery methods to those who seek to enter a new profession and those engaged in a profession.