NMLS has seen an increase in the number of online self-study courses being submitted for continuing education approval. In order to ensure these courses are approved in a timely manner, providers are reminded of the following requirements:
– An electronic version of the online course content (in MS Word or PDF uploaded in the Course Approval Portal) needs to be submitted along with the login information for the course. Having hardcopy allows the evaluators to more quickly review the content.
– NMLS requires online access to all online courses. Providers need to provide access to a “student” version so that evaluators can review the course to validate time, activities, and overall course functionality. NMLS requires open access to the course that that evaluators can move freely through the material or from module-to-module as necessary.
– As detailed in the USER GUIDE: NMLS Course Approval Application Process, NMLS requires at least three logins for courses. This is particularly important since most online self-study courses are configured such that a user cannot re-access the material once the course has been completed. Because more than one evaluator frequently looks at these courses, having only a single login creates a problem.
– Providers are required to submit the bank of test/quiz question (with correct answers noted). This should be part of the hardcopy file package that is submitted.
– Providers are also reminded that they need to verify that the courses are configured correctly and all technical issues have been addressed prior to submitting the course to NMLS for approval. Courses with technical difficulty will be declined without content review.
Functional specifications for online self-paced courses are in the NMLS Resource Center at http://mortgage.nationwidelicensingsystem.org/courseprovider/Pages/Resources.aspx In order for a course to be approved it must meet each of the technical requirements. Providers considering offering online self-study courses are advised to pay particularly close attention to Sections 2.6, 3.1, 3.2, and 3.3 of the functional spec.