8 Hour Continuing Education Course
NMLS Course Number: 17251 (7 Hour), 17252 (1 Hour Non-State Specific Elective)
Format: Live Stream Webinar
***Dates/Times in dropdown menu***
Requirements:
Web camera MUST be on the entire class and MUST be in view from shoulders up (and clearly visible with proper lighting and non-obstructive background).
This class must be taken from a desktop or laptop computer. The use of mobile devices is not permitted and will result in being removed.
If student is taking the course from a home office and using a webcam, the student should attend the course properly attired. Additionally, the space in which the student is taking the course should be free of clutter and distraction.
Please ensure you have a stable, strong, high-speed internet connection
Course Descriptions:
7 Hour SAFE Core: Industry Updates for Mortgage Professionals-17251
1 Hour SAFE: The G.I. Bill: A Turning Point for Veterans – 17252
What We Discuss in CE This Year…
What’s new, how the changes are impacting us and what the future holds. We know your referral sources, clients and companies count on your to be an expert and we design the course so you can use the time you spend to grow your opportunities.
- Learn key housing issues, challenges and potential solutions
- Understand current and proposed credit rules and regulations
- Explain cash flow underwriting and how it impacts eligibility
- Describe RESPA rules and potential reform
- Review BSA/AML and the latest GTO parameters
- Discuss changes and benefits of the new appraisal format
- Identify innovative lending programs available at local, state and federal levels
- Define AI and the impact it may have on mortgage lending
- Summarize current mortgage fraud and cybersecurity trends and how to combat them
Continuing Education Requirements
Every state-licensed MLO (in any approved status) is required to complete at least 8 hours of NMLS approved education annually beginning the year they are licensed (unless PE was completed in the same year). Annual CE education must include:
- 3 Hours of Federal Law
- 2 Hours of Ethics (which shall include fraud, consumer protection, and fair lending issues)
- 2 Hours of Non-Traditional Mortgage Lending
- 1 (or more) Additional Hour of Elective/Non-State Specific Education
MLOs are advised that to comply with the SAFE Act’s “successive years” rule, they may not take the same CE course two years in a row. MLO’s are advised not to retake pre-licensure education (PE) unless directed to by a State Regulator. PE education does not count towards meeting annual CE requirements.
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