12 Hour New Jersey SAFE Comprehensive 2018 MLO Continuing Education Course

$89.00

12 Hour Course

Course ID: 10032

Approved By: NMLS


Add to Cart (877) 724-6150

This 12-Hour New Jersey SAFE Comprehensive Mortgage Loan Originators (MLOs) Continuing Education Course was created to help New Jersey MLO meet their professional development requirements. This course covers the federal aspects of mortgage loan origination, as well as New Jersey-specific laws, regulations, and procedures. Among the timely issues presented here are the role of the Secure and Fair Enforcement for Mortgage Licensing Act of 2008 (SAFE Act), the New Jersey state version of the SAFE Act, ethics for MLOs, lending standards for non-traditional mortgages, and updated laws and regulations as well as enforcement powers in mortgage loan origination. In addition to those, we'll go over some of the highlights of the Truth-In-Lending-Act and Real Estate Settlement Procedures Act (TILA-RESPA) Integrated Mortgage Disclosure Act (TRID). Plus, there's plenty of New Jersey-specific regulation, such as the New Jersey Residential Mortgage Lending Act, New Jersey Administrative Code, and New Jersey's anti-money-laundering laws. Additionally, in this course you'll be provided with quizzes and activities to help hone your mortgage loan originating skills.

  • 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)
  • Module 4
    • BioSig Authentication - Middle#3
    • New Jersey MLO Training I [7 Activities]
      • 01. 4-Hour NJ SAFE Laws & Regulations & Anti-Money Laundering Class: Introduction
      • 02. RMLA for Loan Originators: Subchapters 1-5
      • 03. RMLA for Loan Originators; Subchapters 6-12
      • 04. The New Jersey Home Ownership Security Act of 2002
      • 05. The New Jersey Residential Mortgage Lending Act
      • 06. Prohibited Practices, Violations and Reporting Requirements Under RMLA
      • 07. Enforcement Actions and Developments
    • New Jersey MLO Training II [7 Activities]
      • 01. Anti-Money-Laundering for Mortgage Loan Originators: Introduction
      • 02. The History and Process of Money Laundering
      • 03. Money Laundering Broken Down
      • 04. Recent Cases of Money Laundering
      • 05. Anti Money-Laundering Laws and Regulators
      • 06. Mortgage Loan Originator & Broker Obligations
      • 07. Conclusion
    • New Jersey MLO Case Study (1 questions)
    • New Jersey MLO Quiz (5 questions)
  • Final Exam
    • BioSig Authentication - End
    • Final Exam (25 questions)
  • Course Completion
    • Mandatory Questionnaire
    • Certificate of Completion
    • Course Feedback Survey

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.