MORTGAGE CONTINUING EDUCATION
CLASSROOM/VIRTUAL CE COURSES
*meets all NMLS education requirements for mortgage license renewals
Want to actually get something out of your continuing education course, not just survive the process? We understand! This is why our mortgage continuing education courses are developed and instructed by industry leaders with up-to-date topics, industry trends, and of course legal updates to make sure that anyone who attends a Donaldson class gains valuable knowledge to succeed next year!
This course satisfies the annual continuing education requirements for mortgage loan originators set forth by the SAFE Act. This 8-hr SAFE Comprehensive course covers topics required by the SAFE Act, including 3 hours of federal law, 2 hours of ethics, 2 hours of nontraditional mortgage lending, and 1 hour of undefined education (elective).
Live/Virtual mortgage classes are available in several locations:
- Virtual (Classroom Equivalent) – Live Instructor Delivered via the Internet (most popular)
- Metairie*
- Baton Rouge*
- Lafayette*
- *Private Classes Available – Call us for details!
Upcoming Mortgage CE Classes
More Classes Coming Soon
Mortgage Continuing Education on YOUR Schedule
FULL national catalog including state-specific requirements!*
Through partnerships* we are able to offer a full, national catalog of NMLS-approved Continuing Education courses via multiple delivery methods including online and live classes. Complete your CE requirements on your time, at your convenience and meet your annual SAFE education requirements with as little hassle as possible!
This year, topics covered in class include:
- Truth in Lending Act, including disclosure requirements, APR regulations, and the consumer’s right of rescission
- Timing and tolerances of loan disclosures under RESPA and TRID
- Important regulations highlighted within the Equal Credit Opportunity Act, the Home Mortgage Disclosure Act, the Home Ownership and Equity Protection Act, MARS Rule, and the Homeowners Protection Act
- Methods in which identity theft is committed and how it can be prevented in the mortgage industry, including protections offered from the FCRA, FACTA, GLBA, and the Red Flags Rules
- Bank Secrecy Act and Anti-Money Laundering Act prohibitions implemented to prevent money laundering in the financial industry.
- Key regulations within the National Do Not Call Registry, Mortgage Assistance Relief Services Rule, and MAP Rule
- Components, guidance, and mortgage standards issued within the Guidance on Nontraditional Mortgage Product Risks and Subprime Statement on Mortgage Lending
- Characteristics, borrower requirements, benefits, and risks associated with certain types of nontraditional loan products
- Requirements and features of the programs replacing HARP, including eligibility and underwriting requirements.
CONTINUING EDUCATION REQUIREMENTS
Every state-licensed MLO is required to complete at least 8 hours of NMLS approved education annually beginning the first year after they are licensed (see chart below). Annual CE education must include 3 hours of Federal law, 2 hours of ethics (which shall include fraud, consumer protection, and fair lending issues), and 2 hours of non-traditional mortgage lending, plus one additional hour of undefined education (referred to as an elective). Number of hours is 3/2/2/1 = 8
Am I required to take Continuing Education this year?
If I completed PE in 2009 or 2010 and I was approved for a license in 2010 am I required to complete CE in 2011? YES
If I completed PE in 2009 or 2010 and I was approved for a license in 2011 am I required to complete CE in 2011? NO
If I completed PE in 2011 and I was approved for a license in 2011 am I required to complete CE in 2011? NO
*Online courses are offered in partnership with OnCourse Learning and any courses or registrations are representative of an affiliate relationship with permission.