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 Mortgage NEWS


Provider No. 1400280

Download a presentation on SAFE Mortgage Loan Originator Testing Here

For annual continuing education, the SAFE Act requires state-licensed MLOs to complete 8 hours of NMLS-approved education that includes the following topics:

  1. 3 hours of Federal law and regulations;
  2. 2 hours of ethics that shall include instruction on fraud, consumer protection, and fair lending issues;
  3. 2 hours of training related to lending standards for the nontraditional mortgage product market; and
  4. 1 hour of undefined instruction on mortgage origination.

 

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Mortgage CE Available 24/7


OnlineMortgageCE provides education to the Mortgage Origination industry. Over the years we have developed relationships with industry professionals to bring you the best in continuing education courses. By registering here you will have access to our course catalog at your convenience -24/7. Should you have any questions at any time contact us at 551-404-5341 or email admin@onlinemortgagece.com.

The SAFE act,a key component of the Housing and Economic Recovery Act. is designed to enhance consumer protection and reduce fraud by encouraging states to establish minimum standards for the licensing and registration of state-licensed mortgage loan originators and for the Conference of State Bank Supervisors (CSBS) and the American Association of Residential Mortgage Regulators (AARMR) to establish and maintain a nationwide mortgage licensing system and registry for the residential mortgage industry.

The SAFE Act requires state-licensed mortgage loan originators to pass a written qualified test, to complete pre-licensure education courses, and to take annual continuing education courses.

Courses listed here meet the continuing education requirements for Mortgage Loan Originators. Click here to register and enroll in a course anytime - 24/7. Once enrolled in a course, you have one year to complete it. If you get interupted, you can return to the course and the system will remember where you left off. Courses are designed to work best in Internet Explorer v6 or higher. No special plugins are required to run the program.