SAFE Comprehensive CE for Loan Originators

A brand new CE course for 2012 is coming soon! If you’d like to be notified when courses are scheduled, send me an email: jillayne at ceforward dot com.

NAMF is an NMLS Approved Course Provider
Provider ID: 1400068
8 Hr SAFE Comprehensive NMLS Approved Course Number PENDING
1 Hr WA State Law CE NMLS Approved Course Number PENDING
Course Approval for calendar year 2012 forthcoming!
Course Outline:
3 Hours Federal Law
2 Hours Ethics, Consumer Protection, Fraud, Fair Housing
2 Hours Non-Traditional Lending
1 Hour Undefined: CFPB Proposed Rules on LO Compensation
also included at no extra cost:
1 Hour WA State Law

This year we will cover the following topics:

CFPB whistleblower hotline, unfair-deceptive-abusive acts, QRMs, proposed new Good Faith Estimate/TILA disclosure, risks in originating non-traditional loans, CFPB criteria for advertising and counseling borrowers who select non-traditional loans such as ARMs. During the Ethics section we will learn how LOs are at legal risk of violating consumer protection laws by when providing an inferior standard of care, we will tackle the dilemma of purchasing leads from companies that advertise unethically, we will also learn about recent Fair Housing case studies, mortgage fraud trends and the new SARS reporting requirements for non-bank lenders.

But wait! There’s more! We will ALSO cover the new proposed new CFPB rules on loan originator compensation methods including:

Proposed rules on creditor paid compensation v. broker paid
Compensation in relation to steering
Pricing concession loopholes
Three proposed permissible point bank rules
Compensation based on proxy
Higher standards for depository bank LOs to become “qualified” under Dodd-Frank.

Some End of Course Evaluations from the 2011 classes:

“Because the participants were far more experienced than me, I learned a great deal.”
“Very informative about the upcoming law changes. Loved the ethics case studies.”
“Kept my interest for the whole 8 hours. Good case studies, which I enjoyed the most because they tie the federal law changes together with the reasons WHY we have the new laws.”
“Case studies are an added benefit.”
“Fantastic, interactive class. Loved learning more about the FRB and Dodd Frank Act.  The coming changes are crazy and our industry has to get our head wrapped around them ASAP. Glad I came to class.”
“Excellent discussion/lecture mix with group time and case studies showing us real court cases that resulted in our new laws.”
“Jillayne is excellent in explaining the issues and keeping participants on track/on topic.”

Did you find this course to be of value as you work to achieve your continuing ed goals?
YES: (100% of students answered yes to this question)

Would you recommend this course to a friend?
YES: 100%
All things considered, were you satisfied with the course and course provider?
YES: 100%
Did you find the instructor to be knowledgeable?
YES: 100%
Did you find the course materials informative and useful?
YES: 100%