2021 NMLS 8-Hour CE (Self-Study)

$129

This course (course # 12991) is developed to meet the continuing education requirements for your NMLS license renewal!

Take this course at your own tempo and stop and start at anytime.

This course satisfies the 8-hr National requirement.  Are you licensed in a state that also has a state-specific requirement as part of your annual CE or are you licensed in more than one state? Phone us at 866-623-1250 or email us at operations@loanofficerschool.com to advise us of your need so that we can properly assist you.

Category:

Description

COURSE DESCRIPTION:

This is a self guided course that you can begin at any time and complete on your schedule.    This course satisfies the annual continuing education National requirement for mortgage loan originators set forth by the SAFE Act.

COURSE TOPICS:

Federal Law and Regulations (3 hrs)

  • Multi-State Mortgage Committee
  • Truth in Lending Act (TILA)
  • Equal Credit Opportunity Act (ECOA)
  • Fair Credit Reporting Act (FCRA)
  • E-Sign Act
  • Home Mortgage Disclosure Act (HMDA)
  • RESPA Section 8

Ethics (2 hrs)

  • RESPA Section 8 Update
  • Students compare lawful and unlawful compensation related to referrals and leads
  • Students contrast evolving section 8 interpretations in light of case law and CFPB guidance
  • Students distinguish RESPA terminology related to stakeholder relationships

Nontraditional  (2 hrs)

  • Credit Invisibles and other Underbanked Communities
  • Students contrast traditional and nontraditional credit policies
  • Students analyze particular credit challenges of underbanked communities
  • Students survey common solutions for underbanked communities

Elective (1 hr)

  • VA Allowable and Unallowable fees, the Deep Dive 25 slides
  • Funding Fee Update
  • Students examine VA guidance for Funding Fee Waivers

WHO SHOULD ATTEND:

Any mortgage professional needing to satisfy their continuing education requirement. This is a completely different course than we offered in in previous years (the SAFE Act prohibits the taking of the same course in successive years) so anyone who took our 8 hr National CE course in the past is eligible to satisfy their current CE requirement with this course.

GRADUATION:

Upon successful course completion, your CE credits will be posted with NMLS within 3 business days. The NMLS $1.50 per credit hour fee is included in the course cost-there are no hidden fees.

 

 

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