by Jeff Sorg | Sep 26, 2012 | Mortgage
(OnlineEd – September 26, 2012) Compliance management requirements for all non-banks have reached a new level with the new Consumer Financial Protection Bureau (CFPB) Examination Manual. According to the CFPB’s Web site: “The CFPB’s approach to non-bank...
by Jeff Sorg | Sep 19, 2012 | Mortgage
(Official NMLS Newsletter) – This is a reminder that the SAFE Act requires individual mortgage loan originators (MLOs) to complete 8 hours of NMLS approved continuing education (CE) annually. In addition to meeting the minimum federal requirements, a number of...
by Jeff Sorg | Sep 12, 2012 | California Real Estate, Mortgage, Real Estate
(OnlineEd® – Portland, OR) – The SAFE Act requires a mortgage loan originator to complete a minimum of 8 hours of NMLS approved continuing education and renew their license each year on or before December 31st. A NMLS approved course provider has up to six...
by Jeff Sorg | Aug 6, 2012 | Mortgage
(OnlineEd) – Every state-licensed mortgage loan originator (“MLO”) in any approved status is to complete at least 8 hours of NMLS approved license renewal education as part of their license renewal requirements. This annual continuing education must...
by Jeff Sorg | Aug 6, 2012 | Mortgage
(OnlineEd) – Residential mortgage lenders take note: The August 13, 2012 deadline for compliance with the new anti-money laundering (“AML”) and suspicious activity report (“SAR”) final rule is fast approaching. Before August 13, 2012,...