Monthly Archives: April 2012

Updated Test Outlines for AR and CT Test Posted


The content outline for the CT state-components of the SAFE MLO test has been updated and is now available in the NMLS Resource Center.   In addition to showing weighted content domains, the test outline also contains a reference list which may be used by MLOs to help prepare for the test.  The test outlines for AR and CT now also have an effective date stamp posted on them (see the Jan 10 posting of the Newsletter for more information on effective date stamping).

April Course Renewal Period Closes Monday/ May Renewal Period Opens Tuesday


Providers with courses up for renewal this month have until Monday night at 11:59pm ET to submit their applications and fees.   The May course renewal period will open on Tuesday.  If you do not intend to renew a course please let Alan Ridenour (aridenour@csbs.org) know.

The following courses are up for renewal in May.

1542

20 Hour MS SAFE Comprehensive Mortgage Loan Originator Pre-Licensing Course

1551

4 Hour MS SAFE: Review of Mississippi Mortgage Law

1552

4 Hour MS SAFE: Review of Mississippi Mortgage Law

1563

4 Hour AZ SAFE: Review of Arizona Mortgage Laws

1564

4 Hour AZ SAFE: Review of Arizona Mortgage Laws

1573

2 Hour IN SAFE: Review of IN Mortgage Laws

1574

2 Hour IN SAFE: Review of IN Mortgage Laws

2214

3 Hour NV SAFE_ Consumer Protection in the Nevada Mortgage Industry

2215

3 Hour NV SAFE_ Consumer Protection in the Nevada Mortgage Industry

2216

3 Hour NV SAFE_ Consumer Protection in the Nevada Mortgage Industry

2218

8 Hour ID SAFE Comprehensive: In Compliance, In Control

2227

12 Hour MS SAFE Comprehensive: In Compliance, In Control

2239

10 Hour NV SAFE Comprehensive: In Compliance, In Control

2241

20 Hour TN SAFE Comprehensive

2242

20 Hour TN SAFE Comprehensive

2243

20 Hour WA SAFE Comprehensive Course

2244

20 Hour CA SAFE Comprehensive

2245

20 Hour NY SAFE Comprehensive

2246

20 Hour NY SAFE Comprehensive

2247

20 Hour NY SAFE Comprehensive

2248

20 Hour KY SAFE Comprehensive

2249

20 Hour RI SAFE Comprehensive

2250

20 Hour NJ SAFE Comprehensive

2251

20 Hour NJ SAFE Comprehensive

2252

20 Hour NJ SAFE Comprehensive

1543

2 Hour WA SAFE State Regulations & Exam Preparation

1544

4 Hour MS SAFE State Regulations & Exam Preparation

1554

24 Hour OH SAFE Comprehensive Mortgage Loan Originator Course

2223

8 Hour SAFE Comprehensive CE – 2011 Updates

2224

1 Hour OR SAFE: 2011 Oregon Mortgage Update

2225

1 Hour WA SAFE: 2011 Washington Mortgage Rules Update

2234

1 Hour AZ SAFE: Arizona Law CE

2255

8 Hour SAFE Comprehensive: MLO Refresher

2258

1 Hour GA SAFE CE Mortgage Laws and Regulations Elective

2261

8 Hour GA SAFE Comprehensive Live CE 2011

2235

8 Hour SAFE Comprehensive: Continuing Education 2011

2226

8 Hour SAFE Comprehensive Continuing Education Class

1550

20 Hour SAFE Comprehensive Loan Originator Course

1530

3 Hour DC SAFE: DC Law

1547

3 Hour NY SAFE State Law

2219

4 Hour KY SAFE State Law Update:  Consumer Protection Laws

2228

8 Hour SAFE Comprehensive: Update of Continuing Mortgage Education

2232

3 Hour NV SAFE:  NV State Law and Regulations – CE

2233

1 Hour NC SAFE Update:  Prohibited Acts and Required Behavior

2236

2 Hour SAFE Updates to Financial Regulations: TILA-MDIA-Dodd Frank

2240

2 Hour SAFE Lending Ethics – Fair Lending, Consumer Protection, Fraud and Ethics

2259

3 Hour SAFE Federal Mortgage Law – TILA

2260

1 Hour FL SAFE: FS494 and 69V-40: A Brief Overview of Recent Legislative Changes

1538

20 Hour SAFE Comprehensive

1533

20 Hour AZ SAFE Comprehensive

1534

20 Hour AZ SAFE Comprehensive

2253

20 Hour NY SAFE Comprehensive Mortgage Loan Originator Course

2217

20 Hour SAFE Comprehensive Course

2254

3 Hour NY SAFE: Law, Advertising, Disclosure CE

1545

8 Hour SAFE Comprehensive: Fundamentals of Mortgage Lending

2220

1 Hour SAFE Elective: Get Yourself a Niche with FHAs Green Mortgages

1562

4 Hour SAFE CE Webinar- Federal Law – Credit and Information

2238

1 Hour DC SAFE CE – District of Columbia Mortgage Professional’s Rulebook

2256

2 Hour SAFE Business Ethics: Law and Moral Obligations

1549

3 Hour SAFE Nontraditional: Making First Homes Happen

2257

2 Hour CA SAFE State Law

2221

1 Hour NC SAFE State Law: Mortgage Conduct

2229

3 Hour NV SAFE Mortgage Law CE: Mortgage Lending Conduct

2230

10 Hour NV SAFE Comprehensive: Impact of the Dodd-Frank Act 2011 CE

2237

1 Hour MA SAFE State Law CE: Reverse Mortgage Products Guidance

1537

20 Hour SAFE Comprehensive Course and Loan Officer Training

April Provider Renewal Period Closing /May Period Opens Next Week


The April course provider renewal period will close on Monday at 11:59pm, and the May renewal period will open on Tuesday.  Course providers listed below have until May 31 to pay the fees and submit their renewal applications.  Organizations failing to file for renewal on time will have to apply as a new provider.  Organizations seeking to renew should closely review the application and other requirements posted under the Course Provider Section of the NMLS Resource Center.  If you do not intend to renew as a provider please let Alan Ridenour (aridenour@csbs.org) know and we won’t send follow-up notices.

Providers schedule for Renewal in May:

Academy of Real Estate & Mortgage, Inc
American Masters Real Estate School
EDJ School Online, Inc.
Florida School of Real Estate
Florida Institute of Professional Studies
JFA Business Academy
New York Real Estate School
Preferred CE
Robert E. Keller, Inc
Shepherd Academy
The Austin Institute of Real Estate

March Auditing and Course Performance Results Released


NMLS has posted March course audit and course performance information to the course provider section of the NMLS Resource Center under the section titled “important links.”  As stated in the March 22 posting of the Newsletter, NMLS is making available to the course provider community additional information about the number of course audits being performed, major findings associated with those audits, as well as a roll-up dashboard which shows how courses are performing based upon student course completion surveys.  NMLS maintains and shares with every course provider individual scorecards for every course format they have a course approved for.  Providers should compare their individual scores with the overall dashboard information posted in this monthly report.  The report also includes a sample of student survey comments providers may find useful.

The monthly report may be accessed here: http://mortgage.nationwidelicensingsystem.org/courseprovider/Pages/Resources.aspx

CFPB Notice Regarding Fair Lending


Yesterday, the Consumer Finance Protection Bureau (CFPB) released a statement regarding their intention to aggressively enforce the Equal Credit Opportunity Act (ECOA).  Noting that credit discrimination is illegal and poses a threat to economic stability and access to affordable housing, the CFPB has stated that it is giving “fair notice” that it intends to pursue violations of ECOA as part of its examination and enforcement work with lenders.  A link to the full text of the notice may be found at: http://www.consumerfinance.gov/blog/fair-notice-on-fair-lending/

Updated Content Outlines for Maine and New York Posted


The content outlines for the ME and NY state-components of the SAFE MLO test have been updated and are now available in the NMLS Resource Center.   The test outlines also contain reference lists which may be used by MLOs to help prepare for the test.  Both of these components also have an effective date stamp on them (see the Jan 10 posting of the Newsletter for more information on effective date stamping).

NMLS Offices Closed on Good Friday


In an update to yesterday’s posting, both the NMLS Call Center and CSBS/NMLS offices will be closed on April 6 in observance of Good Friday.  We wish everybody an enjoyable holiday weekend.