Annual MLO Requirements & SAFE Act Compliance
On-Demand Webinar:
StreamedNov 4, 2021Duration90 minutes
- Unlimited and shareable access
two business days after live streaming - Available on desktop, mobile & tablet devices 24/7
- Take-away toolkit
- Ability to download webinar video
- Presenter's contact info for questions
Are you a mortgage loan originator (MLO)?
Do you understand the scope of federal regulations for MLOs? Are you receiving enough training and
following the registration process?
Attend this information-packed session and get prepared for your annual
audit.
AFTER THIS WEBINAR YOU’LL BE ABLE TO:
- Identify who must be registered, understand which employees meet the definition of mortgage loan originator (MLO), and know which are exempt
- Complete the required steps 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
- Ensure MLOs receive the periodic training required under Reg Z, commensurate with day-to-day origination responsibilities
WEBINAR DETAILS
What does it mean to be a mortgage loan originator in
today’s world? Are the MLOs at your financial
institution meeting the requirements? There are mandated registration procedures,
and a compulsory annual independent
audit. This webinar will address these
rules, cover the SAFE Act requirements, provide an overview of the Loan
Originator Compensation Requirements, and offer nine steps for auditing the
SAFE Act. A 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 September 2019 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 agency is prohibited. Print materials may be copied for eligible participants only.
Presented By
Compliance Training & Consulting for Financial Institutions
© 2022 FINANCIAL EDUCATION & DEVELOPMENT, INC