2017 Late CE Catalog Information Posted

NMLS has updated its Notice on Submitting Late CE Courses for the new catalog to be posted on January 2, 2017.   Late CE courses are those courses that an MLO is required to complete to make-up a previous year’s CE requirement.  The upcoming catalog will satisfy outstanding CE requirements for years 2010 through 2016.  Courses considered for the Late CE catalog are required to be a duplicate of currently approved courses which have a specific course number and offering so that credit can be retroactively applied to a previous year.

For a course to qualify for the Late CE catalog, the already approved course, or “parent” course, must be NMLS approved before it can be submitted for the Late CE catalog. The last day the “parent” course can be approved and eligible for the Late CE catalog is October 31, 2016. Note: there are no exceptions to the October 31 deadline.  Initial reviews take 15-20 business days and often require revisions and another review cycle. Allow ample time for the course review process (both content and technical).

Active Late CE courses that were approved for the 2016 catalog may be renewed between December 1-15 for entry into the 2017 Late CE catalog, so long as the course content is current and the “parent” course is active and in good standing.

The notice details how Late CE courses are administered and the number and types of courses that are required to be included in the catalog, and is available on the NMLS Education Policies page of the Resource Center.  Course providers seeking to participate in the Late CE catalog must meet the deadlines and other criteria as detailed in the notice.

Questions regarding Late CE courses should be directed to Jessica Esquina (jesquina@csbs.org).

New Education Notice Posted for Florida

NMLS approved course providers are advised that a new State-Specific Education Notice has been posted for Florida. Effective January 1, 2017, FL will require 2hrs of NMLS approved state-specific PE. Additionally, MLO’s licensed in the state will also be required to complete 1 hour of FL-specific CE as a condition to renew their license for 2018. The new requirements are in response to Florida’s adoption of the Uniform State Test (UST).

The FL notice and all other Education Notices are available on the policy page of the course provider section of the NMLS Resource Center.


CO PE Course Content Outline Updated

CO-DORA has updated the course content for the required 2 hours of pre-licensure education.  The outline has been updated to reflect recent changes approved by the Colorado Board of Mortgage Loan Originators to state specific regulation to comply with the federal integrated disclosure rules. Changes reflected in the course content outline include:

  • Strike all of CRS 12-61-914(2)- Written Disclosure of Fees
  • Strike all of CRS 38-40-102- Disclosure of Cost
  • Moved all deceptive practices from 12-61-911 to 12-61-905.5- Prohibited Conduct and Deceptive Practices
  • Strike all of 12-61-911- Prohibited Conduct

The revised content outline has been posted on the course provider page of the NMLS Resource Center.  It is requested that CO state-specific PE courses by updated no later than July 15, 2016 or upon course renewal, whichever is soonest.

Course Approvals – Ready, Set…uh Wait?

Help Us Help You!  We’re encountering a problem where some providers are initiating course approval or renewal projects in the Education Management System (EMS) but then are not submitting the course content until several weeks later.   This practice is negatively impacting the time it takes for courses to get approved.

As a rule you should only submit new courses for approval/renewal when the course content is ready to be reviewed.  Within 24 hours of the fees being paid in the EMS a project is created in the content portal (Basecamp) and the content should then be uploaded and made available for the course evaluator.  If the content is not there we reassign the evaluator to another project and they only revisit the course at their next window of availability.  Bottom line: not having content ready means your course(s) will go to the bottom of the work queue and this could have a serious impact if the course is up for renewal.

Additionally, if you are intending to submit a large number of courses for approval (5 or more), please give us a head’s-up by sending an e-mail to Britton (banderson@csbs.org).  Just like you we’re trying to manage our resources as efficiently as possible so if we know there are going to be a large number of courses coming in so we can plan accordingly.

Reminder About CA-DBO Education and Late CE Requirements

Course providers are reminded that California is a state with two agencies: the Bureau of Real Estate (CA-BRE) and the Dept. of Business Oversight (CA-DBO).  These two agencies have difference PE/CE requirements:

CA-BRE: No-state-specific PE or CE required
CA-DBO: PE = 2hr of state-specific / CE = 1hr of state-specific

Any MLO who is licensed with BRE and who may be seeking a license with DBO and/or who may have completed 20hrs of PE prior to 2015 and not completed the 2hrs of CA-DBO specific PE must do so before they will be able to submit the application to the Dept. of Business Oversight.

Additionally, we are noticing an increase in the number of MLOs who are completing Late CE in lieu of PE and/or when there is not a requirement for Late CE.  The completion of Late CE will not satisfy a PE requirement. Course providers should always encourage MLOs to review their Course Completion Record prior to taking Late CE to see if there is a requirement:

  • If the MLO is compliant for PE or CE, the record will show a green check mark.
  • If the MLO needs to complete a course, the record will show a yellow caution symbol.
  • If the record says “No Federal CE or PE Requirements” or “No State CE Requirements” no education is required for that year or license.

Detailed information about education requirements can be found on the State-Specific Education Charts.

Kentucky Amends Annual CE Requirement

NMLS has been informed that Kentucky is amending its annual continuing education (CE) requirement for MLO license renewal.  Beginning July 15, 2016 (anticipated effective date) Kentucky  will require 8 hours of annual CE which will also include 1 hour of KY state-specific education.  Accordingly, the number of hours of annual CE required for license renewal is being reduced from 12 to 8.  The requirement for 4 hours of KY state-specific education every-other-year is also being removed.  Additional details are available on the state’s web site.

Mississippi Amends CE Requirement for State-Specific Education

NMLS has been informed that effective July 1, 2016, Mississippi will no longer require the completion of MS state-specific continuing education and that the number of  hours of annual education required for license renewal is being reduced from 12 to 8.  The requirement for 4 hours of MS state-specific pre-licensure education remains.   Additional details are available on the state’s web site.