Mortgage Continuing Education Topics

NAMF is an NMLS Approved Course Provider
Provider ID: 1400068
8 Hr SAFE Comprehensive NMLS Approved Course Number 2716
1 Hr WA State Law CE NMLS Approved Course Number 2715

NOW AVAILABLE: LATE CE for LOs who missed the Dec 2011 renewal deadline.
Call: 206-931-2241 for more info or visit the LATE CE page.

Course Description:
4 Hours Federal Law
2 Hours Ethics, Consumer Protection, Fraud, Fair Housing
2 Hours Non-Traditional Lending
1 Hour WA State Law

In this course we will review the Federal Reserve Board’s rules on loan originator compensation prohibitions and the Dodd-Frank Reform Act including the new Consumer Financial Protection Bureau, LO compensation limits coming under Dodd-Frank, and definitions of non-standard loans, high risk loans, and qualified residential mortgages (QRMs).  In addition we will:

Learn why overages and yield spread premiums have been deemed unfair
Become aware of how unethical business practices can result in legal consequences
Understand the new “duty of care” required by loan originators
Learn about the most recent HUD Fair Housing proposed protected class

For prelicensing classes, visit our prelicensing page.