Late CE: 8 Hour SAFE Core and Florida Law 2023 MLO Package (15105 & 15104)

  • 8 Hour Course
  • $79.00

This course is designed to address your 2023 Late CE needs.

A total of 8 hours must be completed each year before renewal is possible, which includes 3 hours of federal law, 2 hours of non-traditional mortgage lending, 2 hours of ethics (including fraud, consumer protection, and fair lending issues), and 1 hour of Florida-specific education.

The state-specific portion begins with an overview of the Office of Financial Regulation (OFR), the Division of Consumer Finance, the NMLS, and the adoption of the federal SAFE Act. The bulk of the class reviews relevant sections of the Florida Statutes Title 33, Chapter 494 and the Florida Administrative Code, Chapter 69V-40. We will go over a few recent amendments to the law and the most recent information on the adoption of Electronic Surety Bonds in Florida and throughout the country.

The seven-hour core portion modules include the following:

Module 1: Federal Mortgage Law Updates (3 Hour)

This module discusses federal rules and laws that apply to mortgage loans and mortgage loan originators across the country, including legislation pertaining to electronic records and signatures, the Fair Credit Reporting Act, the Equal Credit Opportunity Act, and other topics. The module also reviews the Integrated Mortgage Disclosures, Regulation Z, and recent updates and insights on how federal oversight affects mortgage lending today. 

Module 2: Ethics, Fraud, Consumer Protection, and Fair Lending (2 Hour)

Module two discusses fraud within the mortgage industry, how to safeguard client data, and Identity Theft Rules (16 CFR 681). Several case studies are included, along with other recommendations on compliance with laws like the Mortgage Acts and Practices - Advertising Rule (Regulation N). Other topics in this module include balancing one’s commercial aspirations with ethical business practices, consumer protection, and fair lending.

Module 3: Non-Traditional Mortgage Lending (2 Hour)

The last module examines non-traditional mortgage loan products like reverse mortgages and adjustable-rate mortgages. Topics include Federal Housing Administration updates and changes, a review of the Home Equity Conversion Mortgage (HECM) program, and lending standards for adjustable-rate mortgages. The module also explains other types of financing choices such as VA loans, down payment assistance programs, and affordable housing programs. 

Every course module ends with an assessment and interactive activity. Assessments include a five-question quiz, and the activities introduce hypothetical scenarios and questions based on course content. 

To pass the course and receive credit, students must complete a 25-question final exam with a score of at least 70%.


  • Course ID(s): 15527, 15533
  • Approved By: NMLS

Instructor Bio

Mary Tillery real estate atyourpaceonline instructor

Mary Tillery is the instructor for all of our MLO continuing education courses. She has been sharing her expertise with fellow mortgage loan originators for more than 35 years as a lending educator. Learn more about Mary’s background here.