8 Hour SAFE Comprehensive 2018 MLO CE

$45.00

8 Hour Course

Course ID: 7904

Approved By: NMLS

4.5 37 Reviews

Add to Cart (877) 724-6150

This 8 hour class satisfies all the requirements for continuing education for Mortgage Loan Originators in the state of Illinois, as well as those same requirements for the NMLS.

Our course for Mortgage Loan Originators in the Land of Lincoln begins by providing the student with a segment covering the history of Federal Mortgage Lending laws, up to and through the real estate crisis of the early part of this century. We then review the SAFE Act in this portion also. Then we include an overview of the federal agencies responsible for oversight of mortgage practices in America. We also provide information on the TILA-RESPA Integrated Mortgage Disclosure (TRID).

The course then goes on to examine ethics for the mortgage loan originator, and consumer protections and fair lending practices as well. During this portion we will also look at the larger concepts of ethics and fair lending as they relate to mortgage loan originators in the field. This segment goes on to cover the basics of what can constitute mortgage fraud and what MLOs can do to avoid some of these pitfalls. Then 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.

During our course we will use tools to keep you involved such as in-text quizzes and case studies that you can use to spot-check your knowledge. The quizzes and case studies will also help prepare you for the final exam that you will take 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.

Course Reviews

December 12th, 2018
I liked this course better than any other I have taken in the past from other companies. Wasn't as dry.

December 6th, 2018
I rarely encounter new information in CE, but I did in these courses. I enjoyed the history of mortgage lending. Thanks!

December 6th, 2018
It was good

November 14th, 2018
I thought it was written very well. Clear and concise.

November 10th, 2018
Liked the course. Could do it on my own time. Thanks for providing the material. I will use you again.

November 3rd, 2018
It was easy and great. Thanks!

October 31st, 2018
This was complete and well organized. Always good to refresh and update one's knowledge base.

December 14th, 2018
didn't like bio metric sign in did it maybe 20 times . It's ridiculous !

December 10th, 2018
no thanksl

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