8 Hour New Mexico SAFE Comprehensive 2018 MLO Continuing Education Course


8 Hour Course

Course ID: 10025

Approved By: NMLS

4.3 6 Reviews

Add to Cart (877) 724-6150

Our New Mexico-specific 8-Hour SAFE Comprehensive Mortgage Loan Originator (MLO) Continuing Education Course was created to meet the demand for professional development of MLOs in New Mexico. In this course, both the state and federal aspects of mortgage loan origination, including New Mexico-specific laws, regulations, and procedures, are explored. The course is made up of several sections addressing  in-depth looks into the Secure and Fair Enforcement for Mortgage Licensing Act of 2008 (SAFE Act), the New Mexico version of the SAFE Act, ethics for MLOs, fraud and consumer protection, lending standards for non-traditional mortgages, and updates regarding laws, regulations, and enforcement powers in mortgage loan origination. We'll also take time to go over some of the ins and out of the Truth-In-Lending-Act and Real Estate Settlement Procedures Act (TILA-RESPA) Integrated Mortgage Disclosure Act (TRID). Plus, in this course, you'll find quizzes and activities crafted to put your mortgage loan originating skills to the test.

This course will expire on 6/30/2019. You must complete the course by this date in order to receive credit.

  • 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
    • New Mexico MLO Training [9 Activities]
      • 01. New Mexico SAFE Regulations for Mortgage Loan Originators 1 Hour Class: Introduction
      • 02. Regulation of Mortgage Loan Originators
      • 03. Licensure of New Mexico MLOs
      • 04. New Mexico MLO License Law
      • 05. Licensure for Current MLOs
      • 06. The Practice of Loan Origination
      • 07. Prohibited Practices by MLOs and Consequences
      • 08. Enforcement of Violations Against MLOs
      • 09. Conclusion
    • New Mexico MLO Case Study (1 questions)
    • New Mexico 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

December 18th, 2018
I learned quite a bit and the presentation of the material helped me stay engaged.

November 26th, 2018
Very good course. I liked the history part of the course.

December 8th, 2018
The course was dry and not written to be easier to understand concepts. There were numerous misspellings throughout the course. The website didn't work properly. It would save my passwords and it kept logging me out after only being in the course for 5 minutes. I had to call the Support Desk to fix my user ID and Password so the password would save properly. Then I had to call the Support Desk to fix the time out issue I was having. It was very frustrating and caused numerous delays. I will not use your services again.

December 15th, 2018

December 4th, 2018

November 28th, 2018