8 Hour SAFE Comprehensive MLO CE Course


8 Hour Course

Course ID: 7048

Approved By: NMLS

Add to Cart 8777246150

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 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
    • Certificate of Completion
    • Course Feedback Survey

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.