11 Hour New York SAFE Comprehensive MLO Continuing Education Course


11 Hour Course

Course ID: 7348

Approved By: NMLS

Currently Unavailable (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 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 [14 Activities]
      • 01. Introduction to 3-Hour New York SAFE Laws & Regulations for Mortgage Loan Originators
      • 02. Licenses and Exemptions for Ā Mortgage Loan Originators
      • 03. MLOs Keeping and Renewing Their Licenses
      • 04. Continuing Education and MLOs
      • 05. Sure Talk About Surety Bonds
      • 06. Duties of the Originating Entity and the MLO
      • 07. Prohibited Acts and Their Effects
      • 08. Other Rules and Regulations Affecting New York MLOs
      • View Additional Activities
        • 09. Home Equity Theft Prevention
        • 10. HETPA: Rights of Rescission and Errors by Equity Purchasers
        • 11. HETPA and Reconveyances
        • 12. A Real World Example: PHH Mortgage
        • 13. Takeaways for the MLO
        • 14. End of the Class
    • Case Study #4 (1 questions)
    • Quiz #4 (15 questions)
  • Course Completion
    • 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.