Annual MLO Training & SAFE Act Compliance
On-Demand Webinar
StreamedOct 2, 2024Duration60 minutes
- 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
Are you an MLO? Have you completed your annual training?
If not, this is the webinar for
you. Besides addressing the required policies/procedures and the registration
process, it will also include an overview of the federal MLO requirements in
Regulation Z. In addition, you’ll learn the ins and outs of SAFE Act
compliance. Join us to discover nine steps for the annual SAFE Act audit and
five common danger zones.
AFTER THIS
WEBINAR YOU’LL BE ABLE TO:
- Know who must be registered and understand which employees meet the definition of a “mortgage loan originator” and which are exempt
- Conquer the steps that must be taken in the initial and subsequent registration process, including proper use of forms, criminal background checks, fingerprinting, and MLO registration submission
- Verify the required policies, procedures, and compensation rules
- Complete nine required steps for the annual audit
- Understand that loan originators are required to receive periodic training commensurate with their day-to-day origination responsibilities
- Identify and avoid five common SAFE Act violations
WEBINAR DETAILS
What does it mean to be a mortgage loan originator
(MLO)? Are the MLOs at your financial institution following all the
requirements? There are mandated registration procedures and a requirement 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, reveal five common SAFE Act violations, and offer nine steps
for a SAFE Act audit. The concise summary of federal regulations that apply to
mortgage lending will augment the overall MLO training requirements.
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
© 2024 FINANCIAL EDUCATION & DEVELOPMENT, INC
