11 Hour New York SAFE Comprehensive 2018 MLO Continuing Education Course

$81.00

11 Hour Course

Course ID: 10036

Approved By: NMLS


Add to Cart (877) 724-6150

The 11-Hour New York SAFE Comprehensive Mortgage Loan Originators (MLOs) Continuing Education Course is provided for the convenience of all New York MLOs needing to meet their 2018 continuing education needs. The New York course covers state and federal aspects of mortgage loan origination, including New York-specific laws, regulations, and procedures. Some of the highlights of this essential course include looks into the Secure and Fair Enforcement for Mortgage Licensing Act of 2008 (SAFE Act), the New York version of the SAFE Act (3 hours), ethics for MLOs, lending standards for non-traditional mortgages, and updated laws and regulations as well as enforcement powers in mortgage loan origination. And, we'll discuss a number of other subjects including subprime and high loans, and fraud and misrepresentation. We'll also discuss the impact 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 York-specific information, such as licensing and continuing education requirements, surety bonds, home equity theft protection, and HETPA: Rights of Rescission and Errors by Equity Purchasers. Additionally, in this course you'll be provided with more than two dozen 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 York MLO Training [13 Activities]
      • 01. Introduction to 3-Hour New York SAFE Laws & Regulations for Mortgage Loan Originators
      • 02. Mortgage Lending in New York
      • 03. Recent MLO Developments in New York
      • 04. Home Equity Theft Prevention (HETPA)
      • 05. Rights of Rescission and Errors by Equity Purchasers (HETPA)
      • 06. Reconveyances Under HETPA
      • 07. Mortgage Banking Statutes: Definitions and Exemptions
      • 08. Administrative Code
      • View Additional Activities
        • 09. Mortgage Banking Statutes: MLO Duties and Penalties
        • 10. License Renewal and Maintenance
        • 11. Surety Bonds
        • 12. Fraud Report: NY Financial Report
        • 13. Conclusion
    • New York MLO Case Study (1 questions)
    • New York 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.