8 Hour New Mexico SAFE Comprehensive MLO Continuing Education Course

$77.00

8 Hour Course

Course ID: 7362

Approved By: NMLS


Add to Cart 8777246150

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.

  • Module 1
    • Federal Mortgage Law [7 Activities]
      • 01. A Brief History of Mortgage Regulation
      • 02. S.A.F.E. Act
      • 03. Federal Agencies that Administer the SAFE Act
      • 04. Federal Agencies that Administer the SAFE Act, Part 2
      • 05. Federal Agencies that Administer the SAFE Act, Part 3
      • 06. TILA-RESPA Integrated Mortgage Disclosure (TRID)
      • 07. TILA-RESPA Integrated Mortgage Disclosure (TRID), Part 2
    • Case Study #1 (6 questions)
    • Quiz #1 (8 questions)
  • Module 2
    • Ethics, Fraud, Consumer Protection, & Fair Lending [6 Activities]
      • 01. Introduction to 2-Hour SAFE Ethics, Fraud, Consumer Protection, and Fair Lending Class
      • 02. Ethics in Mortgage Lending
      • 03. Ethical Duties
      • 04. Fraud, Part 1
      • 05. Fraud, Part 2
      • 06. Consumer Protection and Fair Lending Practices
    • Case Study #2 (7 questions)
    • Quiz #2 (8 questions)
  • Module 3
    • Lending Standards for Nontraditional Mortgage Products [4 Activities]
      • 01. Nontraditional Mortgage Loans
      • 02. Lending Standards for Adjustable Rate Mortgages
      • 03. Subprime and High-Cost Loan
      • 04. Reverse Mortgages
    • Case Study #3 (6 questions)
    • Quiz #3 (5 questions)
  • Module 4
    • State Specific Module [8 Activities]
      • 01. Introduction to 1-Hour New Mexico SAFE Laws & Regulations for Mortgage Loan Originators
      • 02. New Mexico MLO License Law
      • 03. Licensure & Requirements
      • 04. Ongoing Licensure
      • 05. Practice
      • 06. Violations, Penalties, and Enforcement
      • 07. Enforcement
      • 08. Conclusion
    • Case Study #4 (1 questions)
    • Quiz #4 (5 questions)
  • Final Exam
    • 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.