4-Hour NJ SAFE 2026 State Law Course

This 4-hour course is designed to accompany the 8-hour comprehensive package also offered by At Your Pace Online in order for MLOs to fulfill their annual 12-hour CE requirement in New Jersey. Mortgage loan originators (MLOs) and Qualified Individuals (QIs) in the state of New Jersey must take 12 hours of continuing education each year, consisting of 3 hours on federal law, 2 hours on ethics, (to include fraud, consumer protection, and fair lending issues), 2 hours on non-traditional mortgage lending, 3 hours of electives, and at least 2 hours on state-specific content. This course covers 3 hours of state-specific content, plus with an additional hour on information related to detecting money laundering in the mortgage industry.  

The course begins with review of the regulatory structure governing state-licensed MLOs and QIs in New Jersey, including the role of the Department of Banking and Insurance (DOBI). The next two lessons examine key provisions under the Residential Mortgage Licensing Act (RMLA). From there, we will explore mortgage lending requirements according to the New Jersey Administrative Code – those regulations implementing the RMLA. We will organize each lesson based on different subchapters of the Code, in order to present rules governing maintenance of licensure, record keeping, advertising, insurance matters, mortgage loan fee restrictions, and other financial considerations related to loan origination. Then we will look at several significant state law updates such as the amendments to the “Fair Foreclosure Act”, the Flood Risk Notification Law, and the Community Wealth Preservation Program. To conclude the first module, we will go over the prohibited acts to avoid, while showing recent statewide enforcement action case studies that illustrate the potential consequences of noncompliance. 

In the second module, we will switch to the topic of money laundering – what it is, how criminals launder dirty money, and the myths surrounding money laundering in the mortgage industry. In our discussion, we will highlight the essential role of mortgage professionals in detecting and reporting suspicious financial activities. We will do a thorough walk through of the history, stages, regulatory responses, and "red flag" warning signs of money laundering. Our discussion will include an overview of national and international efforts to combat money laundering, including state and federal legislation. We will also zero in on what is being done in New Jersey to address the ongoing threat posed by such criminal activities in our region.  

To promote comprehension, students will complete a 5-question quiz and short activity after each module. Students will need to pass a 25-question final exam to get credit for the course.