Annual MLO Requirements & SAFE Act Compliance
October 18, 2023
Live Webinar
DateOct 18, 2023Duration90 minutes
08:00 AM PDT09:00 AM MDT
10:00 AM CDT11:00 AM EDT
- Unlimited connections for your institution
- Available on desktop, mobile & tablet
- Take-away toolkit
- Presenter’s contact info for questions
On-Demand Webinar
- Unlimited & shareable access starting two business days after live stream
- Available on desktop, mobile & tablet devices 24/7
- Take-away toolkit
- Ability to download webinar video
- Presenter's contact info for questions
When is your next annual independent audit?
Are your
MLOs properly registered? Are you in compliance with the SAFE Act? Is MLO
compensation within the guidelines? Register for this webinar to get the
answers to your MLO questions, receive expert insight, and garner multiple
take-away tools.
AFTER
THIS WEBINAR YOU’LL BE ABLE TO:
- Know which employees must be registered, which meet the definition of mortgage loan originator (MLO), and which are exempt
- Verify the steps in the initial and subsequent registration process, including proper use of forms, criminal background checks, fingerprinting, and submission of MLO registrations
- Confirm the required policies and procedures and compensation rules
- Complete nine required steps for the annual audit
- Understand the periodic training requirements which are commensurate with an MLO’s day-to-day origination responsibilities
- Review the scope of federal regulations for MLOs
WEBINAR DETAILS
What does it mean to be a mortgage loan originator today?
There are mandated requirements for registration procedures and to perform an
annual independent audit. This webinar will address these rules, cover the SAFE
Act requirements, provide an overview of the loan originator compensation rules,
and offer nine steps for the SAFE Act audit. A concise summary of federal
regulations that apply to mortgage lending will augment the overall MLO
training requirements covered.
WHO SHOULD ATTEND?
This informative session
is designed for internal auditors, SAFE Act administrators, compliance
officers, mortgage loan managers, and MLOs.
TAKE-AWAY TOOLKIT
- SAFE Act FAQs issued by the CFPB
- Links to exam procedures
- SAFE Act compliance checklist
- Template for a SAFE Act audit
- Employee training log
- Interactive quiz
- PDF of slides and speaker’s contact info for follow-up questions
- Attendance certificate provided to self-report CE credits
NOTE: All materials are subject to copyright. Transmission, retransmission,
or republishing of any webinar to other institutions or those not employed by
your institution is prohibited. Print materials may be copied for eligible
participants only.
Presented By
Compliance Training & Consulting for Financial Institutions
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