8 Hour SAFE Comprehensive MLO CE Course


8 Hour Course

Course ID: 7048

Approved By: NMLS

Currently Unavailable (877) 724-6150

This class for Mortgage Loan Originators in the state of Alaska covers all the subjects you need for your renewal for both the Alaska Department of Commerce, Community, and Economic Development and the NMLS, as well as providing you with valuable information for your work as a mortgage loan originator.

In the first module, the history of mortgage lending in America is explored, focusing on the history of the regulations themselves. This takes us into the segment pertaining to the evolution of the SAFE Act following the mortgage crisis of the early 2000s. A part of this portion will be spent exploring the agencies that administer and oversee the SAFE Act and provide further oversight for mortgage loan origination in America generally, and Alaska specifically. We will then provide an examination of TILA-RESPA integrated mortgage disclosure and its effect on MLOs.

As we move farther into the course, we take a closer look at subjects like ethics, consumer protections and fair lending practices. During this portion we’ll explore the larger concepts of ethics and fair lending as they relate to mortgage loan originators in the field. During this segment we also cover the basics of what can constitute fraud and how MLOs can avoid some of these pitfalls.

Finally, we’ll also make an in-depth examination of lending standards for nontraditional mortgage loans that include loans like subprime and high-cost loans, adjustable rate mortgages, and reverse mortgages as well.

During the course we’ll keep you engaged with case studies based on real life examples and in-text quizzes so you will be able to spot-check your knowledge. These exercises also help prepare you for the final exam that comes at the conclusion of the class.

  • Module 1
    • Federal Mortgage Law [7 Activities]
      • 01. A Brief History of Mortgage Regulation
      • 02. S.A.F.E. Act
      • 03. Federal Agencies that Administer the SAFE Act
      • 04. Federal Agencies that Administer the SAFE Act, Part 2
      • 05. Federal Agencies that Administer the SAFE Act, Part 3
      • 06. TILA-RESPA Integrated Mortgage Disclosure (TRID)
      • 07. TILA-RESPA Integrated Mortgage Disclosure (TRID), Part 2
    • Case Study #1 (6 questions)
    • Quiz #1 (8 questions)
  • Module 2
    • Ethics, Fraud, Consumer Protection, & Fair Lending [7 Activities]
      • 01. Ethics in Mortgage Lending
      • 02. Principles of Ethics
      • 03. Ethical Duties, Part 1
      • 04. Ethical Duties, Part 2
      • 05. Fraud, Part 1
      • 06. Fraud, Part 2
      • 07. Consumer Protection and Fair Lending Practices
    • Case Study #2 (7 questions)
    • Quiz #2 (8 questions)
  • Module 3
    • Lending Standards for Nontraditional Mortgage Products [4 Activities]
      • 01. Nontraditional Mortgage Loans
      • 02. Lending Standards for Adjustable Rate Mortgages
      • 03. Subprime and High-Cost Loan
      • 04. Reverse Mortgages
    • Case Study #3 (6 questions)
    • Quiz #3 (5 questions)
  • Course Completion
    • Final Exam (25 questions)
    • Mandatory Questionnaire
    • MLO CE Feedback
    • Certificate of Completion

Instructor Bio

Mary Tillery real estate atyourpaceonline instructor
Mary Tillery, loan originator and Sales Manager at Guild Mortgage, in Grants Pass Oregon, has been actively involved in home lending since 1986. She has originated everything from first time homebuyers, to complex construction financing and reverse mortgages, besides all forms of more traditional lending. Mary combines her depth of knowledge with a sincere desire to know, love and serve her clients. She has been teaching home buying classes for 20+ years and loves to share her knowledge with not just her clients, but with people in the industry who are interested in growing.