1 Hour KY SAFE 2019 State Law Course


1 Hour Course

Course ID: 10775

Approved By: NMLS

Add to Cart (877) 724-6150

This course on Kentucky-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 Kentucky-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 information on licensing and renewals in Kentucky, then gives definitions for the various mortgage professions of Kentucky.

The bulk of the class focuses on the regulations licensed mortgage loan originators must abide by. Such topics discussed include prohibited acts and practices, the commissioner's response to violations of statutes, and renewal information. Then, we will examine the Kentucky Residential Mortgage Fraud Act and see what constitutes as fraud and the repercussions of committing mortgage fraud.  

The course is completed with a final exam consisting of 15 questions randomly drawn from the class.

  • Module 1
    • Definitions and Requirements [3 Activities]
      • 01. Introduction to 1-Hour Kentucky State-Specific Education for Mortgage Loan Originators
      • 02. Requirements for Kentucky MLOs
      • 03. Kentucky Revised Statutes 286.8-255
    • Activity: Definitions and Requirements (1 questions)
    • Quiz: Definitions and Requirements (5 questions)
  • Module 2
    • Kentucky Revised Statutes and the Kentucky Residential Mortgage Fraud Act [5 Activities]
      • 01. Important KRS 286.8 Sections for MLOs
      • 02. Important KRS Sections, Continued
      • 03. Kentucky Residential Mortgage Fraud Act
      • 04. KRS 286.8-090 Denial, Suspension, or Revocation of License/ Jurisdiction of Franklin Circuit Court
      • 05. End of the Class
    • Activity: Kentucky Revised Statutes and the Kentucky Residential Mortgage Fraud Act (1 questions)
    • Quiz: Kentucky Revised Statutes and the Kentucky Residential Mortgage Fraud Act (5 questions)
  • Course Completion
    • Final Quiz (15 questions)
    • BioSig Authentication - End
    • 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.