8 Hour Maryland SAFE Comprehensive 2018 MLO Continuing Education Course

$77.00

8 Hour Course

Course ID: 10020

Approved By: NMLS

4.5 14 Reviews

Add to Cart (877) 724-6150

This 8 hour continuing education class covers all the renewal requirements for licensed mortgage loan originators in the state of Maryland and is a great choice for MLOs. It covers all the requirements specified by the Department of Labor, Licensing, and Regulation, and the NMLS as well, with 7 hours of topics that cover all the federal content required. Then the class goes into the additional one hour of content specific to the state of Maryland as well.

At the opening of the class, we’ll look at the the history of mortgage lending in America, focusing on the history of the regulations themselves. We will then take you into the portion of the course pertaining to the creation of the SAFE Act as it followed the mortgage crisis of the early 2000s. Then, some class time will be spent exploring the federal oversight agencies that are responsible for the administration of the SAFE Act and for mortgage loan origination in America and Maryland overall. TILA-RESPA integrated mortgage disclosure and its effect on MLOs will be discussed as well.

Your coursework will continue with a closer look at ethics in general, and fair lending practices and protections for consumers as well. We will look at the concepts of ethics and fair lending on a broader level as they apply to mortgage loan originators in the field. During this segment we also cover the basics of what can constitute mortgage fraud and what MLOs can do to help themselves avoid these pitfalls. The course also 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.

Finally, we will spend a one hour block of time on the mortgage laws and practices of loan origination in the state of Maryland specifically. This will include a discussion of the acts that are prohibited by the state, and information relating to specific sections of Maryland code.

As you go through the class, you will stay engaged with our case studies and in-text quizzes that we’ll use to spot-check your knowledge. These tools will also help prepare you for the final exam 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 [17 Activities]
      • 01. Module 2: 2 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. The Ability to Repay/Qualified Mortgage Rule
        • 10. Fraud for Mortgage Loan Originators
        • 11. The Current State of Mortgage Fraud in America
        • 12. Mortgage Fraud Broken Down
        • 13. Fraud by Those Outside the Industry
        • 14. Fraud by Those Within the Industry
        • 15. Scams and Other Frauds
        • 16. Ending Mortgage Fraud
        • 17. Conclusion 2018 Consumer Protection and Fair Lending, Ethics, and Fraud 2 Hour Module
    • 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)
  • Module 4
    • Maryland MLO Training [6 Activities]
      • 01. 1-Hour Maryland SAFE Laws, Regulations, and Standards for MLOs: Introduction
      • 02. Maryland's Regulation of MLOs
      • 03. Practice of an MLO
      • 04. Advertising and Recordkeeping
      • 05. Maryland: Mortgage Lending News
      • 06. Conclusion
    • Maryland MLO Case Study (1 questions)
    • Maryland MLO Quiz (5 questions)
  • Course Completion
    • BioSig Authentication - End
    • Final Exam (25 questions)
    • Mandatory Questionnaire
    • MLO CE Feedback
    • Certificate of Completion

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

October 28th, 2018
I was finally able to navigate through the course with the guidance of Lisa

September 18th, 2018
best and most informative online class I have taken.

November 1st, 2018
Easy to follow and participate The Bio Signature was difficult and I could NOT replicate my own code

November 24th, 2018

November 23rd, 2018

November 7th, 2018

October 27th, 2018

October 23rd, 2018

September 26th, 2018

December 11th, 2018

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September 26th, 2018

November 12th, 2018