8 Hour SAFE Comprehensive 2018 MLO CE

$45.00

8 Hour Course

Course ID: 7904

Approved By: NMLS


Add to Cart (877) 724-6150

This course is the perfect continuing education choice for the Mortgage Loan Originator licensed in the state of Arkansas to renew their license. It covers all the requirements for the Arkansas Securities Department and for the NMLS as well, with 8 hours of topics that include all the required federal content.

Starting with a short history of mortgage lending in America up to and through the real estate crises of the 2000s, the course will move into those organizations responsible for oversight of the mortgage industry and some of the tools they use to provide protection for borrowers in America, including the federal SAFE Act, which we then examine more closely. We follow this with a look at TILA-RESPA Integrated Mortgage Disclosures.

The second module examines more closely the need for ethics and professionalism in the mortgage lending industry today. We’ll journey from there into the different types of mortgage fraud and the trouble they can cause for consumers and for mortgage loan originators as well. Then we’ll examine how consumer protections have been put in place with fair lending practices to insure a fair and open environment for the consumer.

Finally, a portion of the course provides an in-depth examination of lending standards for nontraditional mortgage loans that include adjustable rate mortgages, subprime and high-cost loans, and reverse mortgages as well.

While we are working together, we’ll provide you with case studies and in-text quizzes so you can use them to spot-check your knowledge. These exercises will also help prepare you for the final exam that comes at the conclusion of the class.

  • Module 1
    • Federal Law Update [24 Activities]
      • 01. 3 Hour SAFE Federal Law Update Module for 2018 for MLOs
      • 02. Where We're Going
      • 03. A History of Home Mortgages Up to the 1960s
      • 04. Equalizing Mortgage Opportunities and Deregulation
      • 05. Mortgages in the New Millennium and the 2008 Recession
      • 06. The SAFE Act and Registration of MLOs
      • 07. Rules for Mortgage Loan Originators
      • 08. Requirements for State Licensing and Registration of MLOs
      • View Additional Activities
        • 09. MLOs Must be Unique - (12CFR1007.105)
        • 10. The Consumer Financial Protection Bureau and its Function
        • 11. Administrative Tools Under the SAFE Act
        • 12. Regulation Z and ATR
        • 13. Qualified Mortgage Standard Under Regulation Z
        • 14. Examination Procedures for Mortgage Origination
        • 15. Loan Originator Compensation Rules under TILA
        • 16. Other Rules Under the SAFE Act
        • 17. Governing the Licensing and Registration of MLOs
        • 18. Integrated Mortgage Disclosures
        • 19. Disclosures Prior to October 3, 2015
        • 20. Disclosures Under TILA-RESPA After October 3, 2015
        • 21. More Information on Disclosures
        • 22. Average Costs and Tolerances for TRID
        • 23. Examples of Fees and Tolerances
        • 24. Conclusion of Class on Federal Mortgage Laws For MLOs
    • Federal Law Update Case Study (6 questions)
    • Federal Law Update Quiz (5 questions)
  • Module 2
    • BioSig Authentication - Middle#1
    • Ethics, Consumer Protection, and Fraud [18 Activities]
      • 01. Module 2: 3 Hour SAFE Ethics, Consumer Protection, and Fraud for 2018
      • 02. Consumer Protection and Fair Lending Practices
      • 03. The Mortgage Lending Industry and Ethics
      • 04. A Crisis of Trust for MLOs
      • 05. Principles of Ethics
      • 06. An Understanding of What Ethics is Not
      • 07. Ethical Duties
      • 08. Approaches to Ethical Decision Making
      • View Additional Activities
        • 09. Sample Codes of Ethics
        • 10. The Ability to Repay/Qualified Mortgage Rule
        • 11. Fraud for Mortgage Loan Originators
        • 12. The Current State of Mortgage Fraud in America
        • 13. Mortgage Fraud Broken Down
        • 14. Fraud by Those Outside the Industry
        • 15. Fraud by Those Within the Industry
        • 16. Scams and Other Frauds
        • 17. Ending Mortgage Fraud
        • 18. Conclusion to 3 Hour SAFE Ethics, Consumer Protection, and Fraud Module for 2018
    • Ethics, Consumer Protection, and Fraud Case Study (6 questions)
    • Ethics, Consumer Protection, and Fraud Quiz (5 questions)
  • Module 3
    • BioSig Authentication - Middle#2
    • Nontraditional Mortgages [9 Activities]
      • 01. Module 3: 2 Hour SAFE Nontraditional Mortgages 2018 Module
      • 02. Nontraditional Mortgage Loans
      • 03. Reverse Mortgages
      • 04. 2017 Overhaul of the HECM Program
      • 05. Subprime Loans
      • 06. High-Cost Mortgages
      • 07. Adjustable-Rate Mortgages
      • 08. Lending Standards for Adjustable Rate Mortgages
      • 09. End of 2018 Nontraditional Mortgage Products 2 Hour Module
    • Nontraditional Mortgages Case Study (6 questions)
    • Nontraditional Mortgages Quiz (5 questions)
  • Course Completion
    • BioSig Authentication - End
    • Final Exam (25 questions)
    • Mandatory Questionnaire
    • Certificate of Completion
    • MLO CE Feedback

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.