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12 Hour Online SAFE CE (Includes New Jersey State Law)

Course 12 Hour Online SAFE CE (Includes New Jersey State Law)
$179

$143

This course includes the following:
2 Hour Online SAFE CE NJ – New Jersey Mortgage Professional’s Rulebook (2156)
2 Hour Online SAFE CE – Nontraditional Mortgages Fixed Rate (2448)
8 Hour Online CE – SAFE Comprehensive (1266)

12 Hour Online SAFE CE (Includes New Jersey State Law)

Summary

This course covers SAFE Continuing Education Requirements for any state that does not require a state law course or a number of hours above 8. Specifically, this online course includes 2 Hour Online SAFE CE NJ – New Jersey State Law, 2 Hour Online SAFE CE – Nontraditional Mortgages ARMs and IOs

2 Hour Online SAFE CE NJ – New Jersey Mortgage Professional’s Rulebook

This course satisfies the state-specific continuing education requirement for New Jersey Licensed Mortgage Loan Originators (MLOs). During this 2 hour course, we will provide an overview of the laws and regulations the New Jersey Mortgage Professional must know and abide by.

Federal Law Requirement – RESPA and SAFE

• RESPA –Real Estate Settlement Procedures Act (enacted in 1974 implemented by Reg X). Establishes specific disclosure requirements in the real estate settlement process and prohibits specific practices such as kickbacks.
•Our discussion includes key insights into the new GFE and discusses the differences between the new and old GFE.
•SAFE Act-Secure and Fair Enforcement Act for Mortgage Licensing (enacted in2008). This act is a key component of the Housing and Economic Recovery Act of 2008 (Title V). The SAFE Act sets forth requirements for the licensing and registration of all mortgage loan originators and mandates the creation of a National Mortgage Licensing System and Registry (NMLSR).

Ethics Requirement – Ethics, Fair Lending and Fraud

This part of our course provides an ethical foundation and summary for Fair Lending Laws, a summary of fraud schemes and preventative measures and,lastly, focuses on a couple of key topics in Fair Lending. Specifically, this course includes the following modules:

• How Laws Enforce Ethics –this module covers the ethical and economic basis for laws and discusses the purpose of various fair lending laws in the mortgage industry.
•More on HOEPA and Predatory Lending– this module details the topic of predatory lending, showing the various methods that have been used and the general prohibitions HOEPA outlines to protect consumers from these practices
•More on Yield Spread Premiums – this module delves deeper into the hot topic of Yield Spread Premiums
•Mortgage Fraud – this module covers the common mortgage schemes that have been practiced as well as some basic preventative measures

Nontraditional Mortgages Requirement – ARMs and IOs

This part of our course summarizes various types of adjustable rate and interest only non-traditional mortgages that have been introduced over the last 30 years. This course is taught in context of the 2007housing meltdown and includes the features, pros/cons and pitfalls ofeach type of loan.

Specific loans covered include:

• Adjustable rate mortgages (ARMs)
• Interest Only mortgages (IOs)
• Negative Amortization mortgages

Course 12 Hour Online SAFE CE (Includes New Jersey State Law)
$179

$143

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1 Hour Online CE Including West Virginia State Law

Course 1 Hour Online SAFE CE West Virginia State Law
$29
$23

This course includes the following:
1 Hour Online SAFE CE – West Virginia Mortgage Professional’s Rulebook (2469)

1 Hour Online SAFE CE WV – West Virginia Mortgage Professional’s Rulebook

Summary


This course satisfies the state-specific continuing education requirement for West Virginia Licensed Mortgage Loan Originators (MLOs). During this 1 hour course, we will provide an overview of the laws and regulations the West Virginia Mortgage Professional must know and abide by.

The course is divided into three sections:
Section 1: License Maintenance – Discusses the newest state requirements for licensing renewal and includes license maintenance standards.

Section 2: Disciplinary Action – Details the license revocation and disciplinary action process.

Section 3: Compliance – Describes the general state rules mortgage brokers must be aware of in any origination, including both generic prohibited and required rules of conduct as well as rules specific to fees, disclosures and advertising.

Learning Objectives

Upon successful completion of this course you will have a basic understanding of what West Virginia requires of all state-licensed Mortgage Loan Originators in order to continue operating within the state. Additionally, you will understand the process of appeals and disciplinary action if there are any challenges to your license renewal.

Course 1 Hour Online SAFE CE – West Virginia State Law
$29
$23

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8 Hour Online CE Including West Virginia State Law

Course 8 Hour Online SAFE CE West Virginia State Law
$139
$111

This course includes the following:
1 Hour Online SAFE CE – West Virginia Mortgage Professional’s Rulebook (2469)
7 Hour Online CE – SAFE CORE (1265)

8 Hour Online CE with West Virginia State Law

Summary


This course covers SAFE Continuing Education Requirements for any state that does not require a state law course or a number of hours above 8. Specifically, this online course includes 3 Hours on Federal Law and Regulations, 2 Hours on Ethics, 2 Hours on Nontraditional Mortgages and 1 hour on West Virginia State Law. The modules included are:

West Virginia State Law

This course satisfies the state-specific continuing education requirement for West Virginia Licensed Mortgage Loan Originators (MLOs). During this 1 hour course, we will provide an overview of the laws and regulations the West Virginia Mortgage Professional must know and abide by.

The course is divided into three sections:
Section 1: License Maintenance – Discusses the newest state requirements for licensing renewal and includes license maintenance standards.
Section 2: Disciplinary Action – Details the license revocation and disciplinary action process.
Section 3: Compliance – Describes the general state rules mortgage brokers must be aware of in any origination, including both generic prohibited and required rules of conduct as well as rules specific to fees, disclosures and advertising.

Federal Law Requirement – RESPA and SAFE

RESPA –Real Estate Settlement Procedures Act (enacted in 1974 implemented by Reg X). Establishes specific disclosure requirements in the real estate settlement process and prohibits specific practices such as kickbacks.
Our discussion includes key insights into the new GFE and discusses the differences between the new and old GFE.
SAFE Act– Secure and Fair Enforcement Act for Mortgage Licensing (enacted in2008). This act is a key component of the Housing and Economic Recovery Act of 2008 (Title V). The SAFE Act sets forth requirements for the licensing and registration of all mortgage loan originators and mandates the creation of a National Mortgage Licensing System and Registry (NMLSR).

Ethics Requirement – Ethics, Fair Lending and Fraud

This part of our course provides an ethical foundation and summary for Fair Lending Laws, a summary of fraud schemes and preventative measures and,lastly, focuses on a couple of key topics in Fair Lending. Specifically, this course includes the following modules:

How Laws Enforce Ethics –this module covers the ethical and economic basis for laws and discusses the purpose of various fair lending laws in the mortgage industry.
More on HOEPA and Predatory Lending– this module details the topic of predatory lending, showing the various methods that have been used and the general prohibitions HOEPA outlines to protect consumers from these practices
More on Yield Spread Premiums – this module delves deeper into the hot topic of Yield Spread Premiums
Mortgage Fraud – this module covers the common mortgage schemes that have been practiced as well as some basic preventative measures

Nontraditional Mortgages Requirement – ARMs and IOs

This part of our course summarizes various types of adjustable rate and interest only non-traditional mortgages that have been introduced over the last 30 years. This course is taught in context of the 2007housing meltdown and includes the features, pros/cons and pitfalls of each type of loan.

Specific loans covered include:

Adjustable rate mortgages (ARMs)
Interest Only mortgages (IOs)
Negative Amortization mortgages

Course 8 Hour Online SAFE CE Includes West Virginia State Law
$139
$111

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2 Hour Online SAFE CE MS – Mississippi State Law

2 Hour Online SAFE CE MS – Mississippi State Law
$49
$39

This course includes the following:
2 Hour Online SAFE CE MS – Mississippi Mortgage Licensing Law (2324)

2 Hour Online SAFE CE MS – Mississippi Mortgage Licensing Act

Summary


This course satisfies the state-specific continuing education requirement for Mississippi Licensed Mortgage Loan Originators (MLOs). During this 2 hour course, we will provide an overview of the Mississippi S.A.F.E. Mortgage Licensing Act of 2009.

The course is divided into four sections:

Section 1: MLA and Associated Definitions – Introduces you to basics of Mississippi Law & Regulation Definitions of Mortgage loans, fees, and obligations addressed in Mississippi Law Title 81, Chapter 18, Sections 01- thru 53.

Section 2: Mississippi License Law and Regulations – Covers Persons required to be licensed, licensee qualifications & the application process, the grounds for denying a license and license maintenance.

Section 3: Compliance – Details prohibited conduct and practices, required conduct, fees and charges, disclosures and agreements and advertising

Section 4: Disciplinary action – Discusses notifications, hearings and appeals, then suspension, revocation and rescission of licenses, then finally, penalties/fines and civil and criminal liability

Learning Objectives

Upon successful completion of this course you will have a thorough understanding of the Mississippi S.A.F.E. Mortgage Licensing Act of 2009. You will understand what Mississippi requires of all state-licensed Mortgage Loan Originators in order to continue operating within the state. Additionally, you will understand the process of appeals and disciplinary action if there are any challenges to your license renewal.

2 Hour Online SAFE CE MS – Mississippi State Law
$49
$39

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SAFE Act Test Prep West Virginia

Course State Exam Test Prep: West Virginia
$59

$47

This course includes the following:
State Exam Test Prep: West Virginia

This course is designed to prepare you to pass the NMLS West Virginia Exam, with material and questions all tailored to the test outline! This course includes:

1. Over 150 test questions that simulate the state exam questions:

a. You can take the test an unlimited amount of times

b. The questions are randomized so each test is different

c. Clickable wrong answers so that you know what section to review

2. Printable and Online slides

3. Notes that discuss each slide and provide further insight

The exam outline we follow is listed below. Please enjoy the class!

SAFE Mortgage Loan Originator Test – State Component
WEST VIRGINIA Content Outline
(50 scored test questions; 10 unscored test questions)


I. West Virginia Division of Banking (5%)
A. Regulatory authority
B. Department/agency structure
C. Responsibilities and limitations


II. West Virginia Law and Regulation Definitions (15%)
A. West Virginia Residential Mortgage Lender, Broker, and Servicer Act
B. West Virginia Consumer Credit and Protection Act
C. West Virginia SAFE Mortgage Licensing Act
D. Code of State Rules Title 106, Series 5 (Rule Pertaining To Residential
Mortgage Lenders, Brokers, And Loan Originators)
E. Other State Law and Regulation Definitions


III. West Virginia License Law and Regulation (20%)
A. Persons required to be licensed
1. Activities requiring licensure
2. Exemptions
B. Licensee qualifications and application process
1. Financial responsibility (surety bond and net worth)
2. Background check and fingerprints (criminal check; credit report)
3. Pre-licensing education and experience
4. Testing and retesting
C. Grounds for denying a license
1. Criminal convictions
2. Previous revocation
3. Prohibition
D. License maintenance
1. Continuing education
2. Personal information updates and required notifications
3. Renewal
4. Record keeping and reporting
5. Suspension and reinstatement


IV. Compliance (50%)
A. Prohibited conduct and practices
B. Required conduct
C. Fees and charges
D. Disclosures and agreements
E. Advertising


V. Disciplinary Action (10%)Last Updated: 5/11/10
A. Notifications, hearings, and appeals
B. Suspension, revocation, and rescission of licenses
C. Penalties/fines
D. Civil and criminal liabilityLast Updated: 5/11/10


West Virginia State Test Component Reference List
A number of references and resources are used to develop the SAFE Mortgage Loan
Originator Test. The following list is intended to be used as a guide to help candidates
prepare for the test component; however, it is not intended to be an all-inclusive list.
• Code of State Rules, Title 106, Series 5 – Rule Pertaining to Residential Mortgage
Lenders, Brokers and Loan Originators
• West Virginia Code Chapter 31, Article 17
• West Virginia Code Chapter 31, Article 17A
• West Virginia Code Chapter 39A, Article 1
• West Virginia Code Chapter 46A, Article 1
• West Virginia Code Chapter 46A, Article 2
• West Virginia Code Chapter 46A, Article 3
• West Virginia Code Chapter 46A, Article 6
• West Virginia Code Chapter 46A, Article 6C
• West Virginia Code Chapter 46A, Article 6K
• West Virginia Code Chapter 46A, Article 7
• West Virginia Code Chapter 47, Article



Course State Exam Test Prep: West Virginia
$59

$47

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12 Hour Online SAFE CE (Includes MS State Law)

12 Hour Online SAFE CE (Includes MS State Law)
$159
$127

This course includes the following:
2 Hour Online SAFE CE MS – Mississippi Mortgage Licensing Law (2324)
2 Hour Online SAFE CE – Nontraditional Mortgages Fixed Rate (2448)
8 Hour Online CE – SAFE Comprehensive (1266)

12 Hour Online SAFE CE (Includes MS State Law)

Summary


This course covers SAFE Continuing Education Requirements for any state that does not require a state law course or a number of hours above 8. Specifically, this online course includes 2 Hour Online SAFE CE MS – Mississippi State Law, 2 Hour Online SAFE CE – Nontraditional Mortgages ARMs and IOs

2 Hour Online SAFE CE MS – Mississippi State law

This course satisfies the state-specific continuing education requirement for Mississippi Licensed Mortgage Loan Originators (MLOs). During this 2 hour course, we will provide an overview of the Mississippi S.A.F.E. Mortgage Licensing Act of 2009.

Federal Law Requirement – RESPA and SAFE

* RESPA –Real Estate Settlement Procedures Act (enacted in 1974 implemented by Reg X). Establishes specific disclosure requirements in the real estate settlement process and prohibits specific practices such as kickbacks.
* Our discussion includes key insights into the new GFE and discusses the differences between the new and old GFE.
* SAFE Act-Secure and Fair Enforcement Act for Mortgage Licensing (enacted in2008). This act is a key component of the Housing and Economic Recovery Act of 2008 (Title V). The SAFE Act sets forth requirements for the licensing and registration of all mortgage loan originators and mandates the creation of a National Mortgage Licensing System and Registry (NMLSR).


Ethics Requirement – Ethics, Fair Lending and Fraud

This part of our course provides an ethical foundation and summary for Fair Lending Laws, a summary of fraud schemes and preventative measures and,lastly, focuses on a couple of key topics in Fair Lending. Specifically, this course includes the following modules:

* How Laws Enforce Ethics –this module covers the ethical and economic basis for laws and discusses the purpose of various fair lending laws in the mortgage industry.
* More on HOEPA and Predatory Lending– this module details the topic of predatory lending, showing the various methods that have been used and the general prohibitions HOEPA outlines to protect consumers from these practices
* More on Yield Spread Premiums – this module delves deeper into the hot topic of Yield Spread Premiums
* Mortgage Fraud – this module covers the common mortgage schemes that have been practiced as well as some basic preventative measures

Nontraditional Mortgages Requirement – ARMs and IOs

This part of our course summarizes various types of adjustable rate and interest only non-traditional mortgages that have been introduced over the last 30 years. This course is taught in context of the 2007housing meltdown and includes the features, pros/cons and pitfalls ofeach type of loan.

Specific loans covered include:

* Adjustable rate mortgages (ARMs)
* Interest Only mortgages (IOs)
* Negative Amortization mortgages

12 Hour Online SAFE CE (Includes MS State Law)
$159
$127

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1 Hour Online SAFE CE – Massachusetts State Law

1 Hour Online SAFE CE – Massachusetts State Law
$29
$23

This course includes the following:
1 Hour Online SAFE CE – Massachusetts Mortgage Professional’s Rulebook(1766)

1 Hour Online SAFE CE – Massachusetts State Law

Summary


This course covers Massachusetts law and regulations pertaining to Mortgage Loan Originator compliance. In it, we detail prohibited conduct and practices, required conduct, fees and charges, disclosures and agreements and advertising.

During this 1-hour pre-licensing course covering Massachusetts mortgage law, we will cover several laws including:

* MGL 183 – Conveyance of Land by Deed
* MGL 184 – General Provisions Related to Real Property
* Division’s Regulation 209 CMR 32 – Consumer Credit Costs and Terms (aka The Massachusetts Truth-in-Lending Act)
* Division’s Regulation 209 CMR 48 – Record Keeping Requirements

Learning Objectives

Upon successful completion of this course you will have a strong understanding of compliance law and basic regulations for mortgage loan originators and lenders in the state of Massachusetts.

1 Hour Online SAFE CE – Massachusetts State Law
$29
$23

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1 Hour Online SAFE CE -Maryland State Law

1 Hour Online SAFE CE MD – Maryland Mortgage Professional’s Rulebook
$29
$23

This course includes the following:
1 Hour Online SAFE CE – Maryland Mortgage Professional’s Rulebook (2176)

1 Hour Online SAFE CE MD

Summary


This course satisfies the state-specific continuing education requirement for Maryland Licensed Mortgage Loan Originators (MLOs). During this 1-hour course, we will provide an overview of the laws and regulations the Maryland Mortgage Professional must know and abide by.

The course is divided into four sections:

Section 1: Regulatory Agencies – Outlines the form and function of the State Regulatory agencies and summarizes key applicable laws and regulations.

Section 2: Prohibited Conduct – An overview of the general rules of prohibited conduct MLOs must be aware of in any origination, taken directly from the regulations and are fairly straightforward. When appropriate, some general industry background is included to provide context.

Section 3: Required Conduct – Describes the actions you are required to take. Most are covered indirectly in prohibited conduct, but there are more specifications in the required conduct rules.

Section 4: Fees and Charges – An overview of the general state rules mortgage brokers must be aware of in any origination.

Section 5: Disclosures, Agreements and Advertising – Covers disclosures and agreements that must be provided to the borrower, as well as what each MLO is responsible in distributing advertising material that accurate, reliable, and in compliance with the state law.

Learning Objectives

Upon successful completion of this course you will have a basic understanding of what Maryland requires of all state-licensed Mortgage Loan Originators in order to continue operating within the state. Additionally, you will understand the process of appeals and disciplinary action if there are any challenges to your license renewal.
1 Hour Online SAFE CE MD – Maryland Mortgage Professional’s Rulebook
$29
$23

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8 Hour Online SAFE CE (Includes MD State Law)

8 Hour Online CE (Includes MD State Law)
$139
$111

This course includes the following:
1 Hour Online SAFE CE – Maryland Mortgage Professional’s Rulebook (2176)
7 Hour Online CE – SAFE CORE (1265)

8 Hour Online CE (Includes MD State Law)

Summary


This course covers SAFE Continuing Education Requirements for any state that does not require a state law course or a number of hours above 8. Specifically, this online course includes 3 Hours on Federal Law and Regulations, 2 Hours on Ethics, 2 Hours on Nontraditional Mortgages and 1 hour on New MD Law.

State Specific Requirement – Maryland State Law

This course satisfies the state-specific continuing education requirement for Maryland Licensed Mortgage Loan Originators (MLOs). During this 1-hour course, we will provide an overview of the laws and regulations the Maryland Mortgage Professional must know and abide by.

Federal Law Requirement – RESPA and SAFE

* RESPA –Real Estate Settlement Procedures Act (enacted in 1974 implemented by Reg X). Establishes specific disclosure requirements in the real estate settlement process and prohibits specific practices such as kickbacks.
o Our discussion includes key insights into the new GFE and discusses the differences between the new and old GFE.
* SAFE Act– Secure and Fair Enforcement Act for Mortgage Licensing (enacted in2008). This act is a key component of the Housing and Economic Recovery Act of 2008 (Title V). The SAFE Act sets forth requirements for the licensing and registration of all mortgage loan originators and mandates the creation of a National Mortgage Licensing System and Registry (NMLSR).

Ethics Requirement – Ethics, Fair Lending and Fraud

This part of our course provides an ethical foundation and summary for Fair Lending Laws, a summary of fraud schemes and preventative measures and,lastly, focuses on a couple of key topics in Fair Lending. Specifically, this course includes the following modules:

* How Laws Enforce Ethics –this module covers the ethical and economic basis for laws and discusses the purpose of various fair lending laws in the mortgage industry.
* More on HOEPA and Predatory Lending– this module details the topic of predatory lending, showing the various methods that have been used and the general prohibitions HOEPA outlines to protect consumers from these practices
* More on Yield Spread Premiums – this module delves deeper into the hot topic of Yield Spread Premiums
* Mortgage Fraud – this module covers the common mortgage schemes that have been practiced as well as some basic preventative measures

Nontraditional Mortgages Requirement – ARMs and IOs

This part of our course summarizes various types of adjustable rate and interest only non-traditional mortgages that have been introduced over the last 30 years. This course is taught in context of the 2007 housing meltdown and includes the features, pros/cons and pitfalls of each type of loan.

Specific loans covered include:

* Adjustable rate mortgages (ARMs)
* Interest Only mortgages (IOs)
* Negative Amortization mortgages

8 Hour Online CE (Includes MD State Law)
$139
$111

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1 Hour Online SAFE CE GA – Georgia

1 Hour Online SAFE CE GA – Georgia Mortgage Professional’s Rulebook
$29
$23

This course includes the following:
1 Hour Online SAFE CE – Georgia Mortgage Professional’s Rulebook(2175)

1 Hour Online SAFE CE GA

Summary


This course satisfies the state-specific continuing education requirement for Georgia Licensed Mortgage Loan Originators (MLOs). During this 1 hour course, we will provide an overview of the laws and regulations the Georgia Mortgage Professional must know and abide by.

The course is divided into four sections:

Section 1: Regulatory Agencies and Applicable Laws – Outlines the form and function of the State Regulatory agencies and summarizes key applicable laws and regulations.

Section 2: License Maintenance – Discusses the state requirements for licensing renewal and includes license maintenance standards and the license revocation and disciplinary action process.

Section 3: Prohibited and Required Conduct – An overview of the general rules of prohibited and required conduct MLOs must be aware of in any origination, taken directly from the regulations and fairly straightforward. When appropriate, some general industry background is included to provide context.

Section 4: Key Compliance Areas – Describes rules specific to fees, disclosures and advertising and includes discussion of the Georgia Fair Lending Act restrictions.

Learning Objectives

Upon successful completion of this course you will have a basic understanding of what Georgia requires of all state-licensed Mortgage Loan Originators in order to continue operating within the state. Additionally, you will understand the process of appeals and disciplinary action if there are any challenges to your license renewal.

1 Hour Online SAFE CE GA – Georgia Mortgage Professional’s Rulebook
$29
$23