THIS IS NOT "LATE CE". IF YOU NEED CREDIT FOR 2023, YOU MUST COMPLETE LATE CE. 

8 Hour SAFE Comprehensive

Summary

This course covers SAFE Continuing Education Requirements for any state that does not require a state law course or a number of hours above 8.   Specifically, this course includes the required 2 Hours on Nontraditional Mortgages, 2 Hours on Ethics and 3 Hours on Federal Law and Regulations as well as 1 hour of elective education.

Ethics

• An understanding of Identity theft rules including who must comply with the red flags rule, how to comply and how to administer a red Flags program.
• An understanding of telemarketing and consumer fraud, the do not call registry, what calls are covered and exemptions for certain organizations
• An understanding of advertising rules, record keeping requirements for advertisements and examples of how financial institutions may violate these rules

Federal Law

• An understanding of what is the TILA-RESPA rule and TRID, what transactions are covered, disclosure requirements, tolerance limitations, changes that require re-disclosure,charges subject to zero tolerance.
• Also have knowledge of Loan Estimate and Closing Disclosure timing and delivery requirements, revision and correction requirements.
• An insight into most common RegZ deficiencies
• An understanding of RESPA and REG X requirements including Kickbacks and unearned fees, Penalties, Home ownership counseling requirements
• An working knowledge of Equal Credit Opportunity Act and Fair lending including Prohibited basis for discrimination, disparate treatment, permissible acts, certain notices, and acceptable income in loan review.
• An understanding of the Gramm-Leach Bliley act including privacy of consumer information, privacy notices and opt-out requirements

Non-Traditional Mortgages

• An understanding of changes to FHA guidelines in 2021 and how they will effect 2022 originations
• An understanding of the special rules put in place for COVID relief
• A knowledge of alternative products, including rehabilitation,
• Specialty Finance products including affordable housing programs.

Diversity and Inclusion in the Mortgage Business

This course covers the mandate and standards for the implementation of an effective Diversity and Inclusion platform aka D & I.

• Role and purpose of the Offices of Minority and Women Inclusion (OMWI).
• Standards and objectives set by the OMWI for an effective D & I program.
• Depth of organizational commitment to D & I.
• Standards for an effective self-assessment platform.