Public Course Delivery Method: Classroom Course
Duration of Course: 2 days

Meet SAFE Act Mortgage Loan Originator Licensing Requirements

12 Hour SAFE Core: Assessing Risk in Loan Production(Course ID: 1468) is approved by the NMLS to meet the pre-licensing CORE requirements.

12 Hour SAFE Core: Assessing Risk in Loan Production examines the essential laws and regulatory guidelines that impact mortgage banking as well as the role professional ethics play in the successful implementation of these legal directives. Sessions on fraud, quality assurance and nontraditional mortgages further illuminate the need for strict adherence to laws and industry guidelines to avoid costly consequences that have put many industry players out of business.

During the course, students interact with industry experts who enhance the instruction with real-life industry anecdotes. Participants engage in practice exercises and activities surrounding the proper implementation of several federal mortgage laws and guidelines. The course culminates with an in-depth case study; and attendees leave with a solid understanding of the role that compliance, ethical behavior and overall professional vigilance all play in the success of the mortgage banking industry.

Course Logistics

The course begins with registration at 7:00 a.m on Day 1 and ends at 11:30 a.m. on Day 2. Participants will have three weeks from the course conclusion to complete an optional online assessment.

Participants will be provided two course notebooks containing presentations and subsequent supporting information and materials for case studies and practice activities. Students will be required to:

• Participate in class discussion and group activities.
• Complete the optional online final exam prior to the deadline date identified in your course materials.
• Review all course materials before going on to take the NMLS Exam.

• Ask questions of the instructors at any time during the course.
• Work with the other students directly during class activities.

• Provide the course instruction for each session.
• Respond to your questions at the time they are asked or at later time during the session where more appropriate.
• Provide guidance for completing the activities and optional final exam.

Who Should Attend

This program is designed for production managers, counselors, quality assurance managers, and other loan production staff responsible for performing, managing or reviewing mortgage origination procedures.

Successful completion of this event will earn the participant 3 points toward MBA's Certified Mortgage Banker (CMB) Designation.