7 Hour SAFE Core 2024 MLO CE Nevada
-
7 Hour Course
- $79.00
Every licensed and registered mortgage loan originator in Nevada must complete seven hours of standard annual renewal education. There are three modules, each concentrating on a major topic.
The first module examines the laws that impact mortgage loans and originators across the nation. It provides an overview of key legislation such as the SAFE Act, Regulation Z, and the Equal Credit Opportunity Act (ECOA). Learn more about the 10 common violations made by MLOs — these are selected by the Multi-State Mortgage Committee for the 2024 core continuing education classes.
Next, we examine ethics and consumer protection. The second module begins by discussing business ethics and financial professionals’ responsibilities. Then, you’ll learn about protection under the ECOA with an emphasis on fair lending practices. Lastly, it addresses mortgage fraud within Nevada's market and provides strategies for detection and prevention.
Module three covers non-traditional mortgage loans, and highlights the risks associated with alternatives to the 30-year fixed rate mortgage loan. Other topics include adjustable-rate mortgages (ARMs), reverse mortgages, high-cost and higher-priced mortgage loans, and counseling requirements and lending standards. You’ll also read about other loan options such as government programs and owner financing.
Show Course ID: 1
- Course ID(s): 16203
- Approved By: NMLS
Instructor Bio
Mary Tillery is the instructor for all of our MLO continuing education courses. She has been sharing her expertise with fellow mortgage loan originators for more than 35 years as a lending educator. Learn more about Mary’s background here.