Late CE 1 Hour ID SAFE 2019 State Law Course (10776)
- 1 Hour Course
This course is designed to fulfill your 2019 Late CE requirements.
This course on Idaho-specific education fulfills 1 hour of annual continuing education for licensed MLOs in the state. A total of 8 hours must be completed each year, 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 Idaho-specific education. This is a stand-alone course, and can be taken either on its own or in connection to other courses offered to fulfill your CE requirements.
This course is broken down into 2 modules. Each module contains:
- A section of training
- An activity in which students will read a short scenario and then answer questions about the scenario
- An assessment that consists of a five question quiz
The course begins with an overview of the regulating authority for MLOs in Idaho, the Department of Finance, called ID-DOF. A quick review of the Nationwide Mortgage Licensing System and Registry (NMLS) and the SAFE Act is then completed, which explains how IRMPA adopted the minimum federal requirements of the SAFE Act.
After this, students will review relevant sections of IRMPA Parts 1 and 3, examining such topics as mortgage professional definitions, licensing and renewal requirements, and prohibited acts and practices. The class ends with an update on the integration of Electronic Surety Bonds.
The course is completed with a final exam consisting of 15 questions randomly drawn from the class.
Please note; This course expires on 12.31.2020. You must complete this course by 12.31.2020 to receive your CE credit.
Show Course ID: 1
- Course ID(s): 11466
- Approved By: NMLS
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.