2 Hour MT SAFE Review of Montana Mortgage Law provides a review of the laws that impact mortgage activities in Montana. In Module 1, students will spend one hour reviewing the Montana Mortgage Act and the Montana Mortgage Broker and Loan Originator Licensing Administrative Rules. Students will examine the authority of the Division of Banking and Financial Institutions, definitions important for understanding the law, and information on license qualifications and the application process. In Module 2, students will spend the second hour of the course continuing to review the Montana Mortgage Act and the Montana Mortgage Broker and Loan Originator Licensing Administrative Rules. Students will become familiar with required and prohibited conduct for licensees, as well as the disciplinary action that may be taken when violations have occurred. This course meets the 2-hour Montana-specific pre-licensing education requirement for loan originators and offers a thorough review of the information and laws that license applicants must understand in order to make, broker, or originate loans in compliance with Montana law.

20 Hour MT SAFE Comprehensive Applying Mortgage Knowledge to Exam Preparation is a test-focused mortgage pre-licensing course, organized to review topics specifically outlined in the National Mortgage Loan Originator Test Content Outline. This course meets the federal mortgage training requirements found in the SAFE Act and helps to prepare students for the National Mortgage Loan Originator Test. The course also satisfies the required 2 hours of Montana law.

The content for this course is the same as course ID 6774 and is intended to satisfy CE requirements for 2017 or the last year a mortgage loan originator held an active license. Mortgage loan originators who take this Late CE course are prohibited from taking course ID 6774 in 2018.As the mortgage industry continues to evolve, mortgage loan originators must stay abreast of the topics most pertinent to their everyday business. Mastering Mortgage Lending Laws provides a review of relevant issues facing mortgage loan originators today. Students will examine the provisions of several fair lending laws, including the Home Mortgage Disclosure Act, the Equal Credit Opportunity Act, the Fair Housing Act, and the Home Ownership and Equity Protection Act. Students will take a look at the implications of mortgage fraud on the industry, including ways to detect and prevent fraud. In addition, students will review the steps a mortgage loan originator must take to comply with regulations for the origination of FHA loans and compliance concerns related to money laundering in the mortgage market.This course is NMLS-approved for eight hours of core continuing education required for mortgage loan originators, as specified by the S.A.F.E. Mortgage Licensing Act. Annual S.A.F.E. Act continuing education requirements include three hours of federal law, two hours of ethics, two hours of nontraditional mortgage lending, and one hour of elective education, for a total of eight hours.

Sit back and listen to your continuing education! State regulators and the MMC have uncovered topics that pose compliance risks and are mandated to be covered in 2018 CE! You will focus on compliance issues related to RESPA, TILA and ECOA. You will then delve into the BSA, identity theft and prohibited telemarketing practices. You’ll continue with a look at nontraditional products. The course concludes with an overview of the changes to HMDA effective in 2018. Examples and case studies throughout the course provide real-life examples of the topics discussed.

As the mortgage industry continues to evolve, mortgage loan originators must stay abreast of the topics most pertinent to their everyday business. Examining Industry Issues in Today’s Mortgage Market provides a review of relevant issues facing mortgage loan originators today, specifically those outlined by NMLS as required topics for continuing education. Students will examine provisions of the Real Estate Settlement Procedures Act, the Truth-in-Lending Act, and the TILA-RESPA Integrated Disclosure Rule, specifically rules for filling out the Loan Estimate and Closing Disclosure for both a fixed-rate and an adjustable-rate mortgage transaction. In addition, students will take a look at the new Uniform Residential Loan Application and provisions of the law related to money laundering in the mortgage industry.This course is NMLS-approved for eight hours of continuing education required for mortgage loan originators, as specified by the S.A.F.E. Mortgage Licensing Act. Annual S.A.F.E. Act continuing education requirements include three hours of federal law, two hours of ethics, two hours of nontraditional mortgage lending, and one hour of elective education, for a total of eight hours.