Loan Officer Late CE 8 Hour Online Arizona

Loan Officer Late CE 8 Hour Online Arizona $159 Today’s Sale $127 I want to save $32.

This course includes the following:
Late CE – 1 Hour SAFE CE – Arizona Mortgage Professional’s Rulebook
Late CE – 7 Hour SAFE Comprehensive


The content of this course is the same as Course ID 2174,1265 and is intended to satisfy CE requirements for 2013. MLOs who take this course cannot take Course ID 4395 & 4390  in 2014.
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.  This course covers SAFE Continuing Education Requirements for NV as well as 7 hours of education which includes the required hours on Federal Law, Ethics and Nontraditional Mortgages and 1 hour on New Arizona State Law.

State Specific Requirement – Arizona State Law

This course satisfies the state-specific continuing education requirement for Arizona Licensed Mortgage Loan Originators (MLOs). During this 1 hour course we will provide an overview of several of the laws and regulations an Arizona 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 of  each type of loan.

Specific loans covered include:

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

Loan Officer Late CE 8 Hour Online Arizona $159 Today’s Sale $127 I want to save $32.