10 Hour Utah SAFE Comprehensive 2018 MLO CE Course


10 Hour Course

Course ID: 7963

Approved By: NMLS

4.4 12 Reviews

Currently Unavailable (877) 724-6150

This 10 hour continuing education update for 2018 covers requirements for continued licensure for MLOs by the Secure and Fair Enforcement for Mortgage Licensing Act of 2008. The course is comprised of three modules of federal continuing education requirements, and 1 module of 2 hour(s) of content specific to the state of Utah.

In module 1, the student will have 3 hours of information pertaining to updates of federal mortgage law for 2018, such as:

  • A short history of mortgage lending in America

  • Registration of MLOs in the NMLS, including initial registration and ongoing continuing education and registration

  • Requirements for financial institutions by the SAFE Act

  • Requirements for state licensing of MLOs

  • A review of the Consumer Financial Protection Bureau and their role in the MLO field and mortgage lending in general

  • A discussion of administrative tools under the SAFE Act that affect MLOs

  • An examination the TILA-RESPA Integrated Disclosures and their impact upon the MLO

In Module 2, the student will be provided with 3 hours of instruction in the required areas of ethics, consumer protection and fair lending, and fraud, that will include subjects such as:

  • Principles of ethics and ethical duties

  • A sample code of ethics for MLOs

  • The Ability to Repay Rule and the Qualified Mortgage Rule

  • What the definition of mortgage fraud is and how it is broken down

  • Types of fraud within our industry

  • Methods for detecting fraud and avoiding fraudulent behavior

In the third module, students are given a close-up view of nontraditional mortgages used in America today. This 2 hour segment will include:

  • An in-depth examination of reverse mortgages and Home Equity Conversion Mortgages

  • A look at the 2017 overhaul of the HECM program

  • Subprime mortgage loans and new factors regarding their use

  • High-Cost Mortgages and rules for their use under Dodd-Frank

  • Adjustable Rate Mortgages and their lending standards

In the fourth module, we will examine requirements and statutes specific to the state of Utah. It will include information on the following topics:

  • Understand the Residential Mortgage Practices and Licensing Act

  • Know the Mortgage Administrative Rule changes that went into effect in 2017

  • Know the changes made to the new Real Estate Purchase contract

  • Understand the mortgage licensing and disciplinary actions taken in 2016

During the course, there will be in-text questions to help the student gauge their knowledge while moving through the class, as well as activities in the form of case studies that follow each module to test their gathered knowledge.

There is also a final exam of 25 questions at the end of the class.


  • 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
    • Utah MLO Training [8 Activities]
      • 01. Introduction to the Utah Mortgage Loan Originator 2 Hour CE
      • 02. Mortgage Administrative Rule Changes in 2017
      • 03. New Utah Real Estate Purchase Contract
      • 04. Disciplinary Actions and Mortgage Licensing in 2016
      • 05. Licensing: Licensee Applicants/Renewals Placed on Probation for Licensing Violations
      • 06. Licensing: Licensee Applicants/Renewals Given Probation For Criminal Histories
      • 07. Probation For Criminal Histories, Continued
      • 08. Conclusion
    • Utah MLO Case Study (1 questions)
    • Utah 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

August 28th, 2018
Well organized and easy to follow

September 28th, 2018
I thought the course information was introduced in a way logical way.

December 5th, 2018
constantly logging me out in the middle of sessions without me leaving my computer. At times it logged me out while the counter was still showing time left on a slide.

December 14th, 2018

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December 5th, 2018