Tag Archives: SAFE Act

MLOs Not to Take The Same NMLS Approved CE Courses in Successive Years

(OnlineEd – Portland, OR) Mortgage Loan Originators (MLOs) cannot complete the same approved continuing education courses in the same or successive years to meet their annual requirements for continuing education credit. “Successive years” as interpreted by the NMLS means two years in a row. The SAFE Act of 2008 requires MLOs to complete 8 hours of NMLS approved CE annually. The NMLS system […]

Which OnlineEd Approved NMLS Continuing Education Course Should I Take? (California)

The SAFE Act requires all mortgage loan originators to complete a minimum of 8 hours of NMLS approved continuing education once a year before December 31. OnlineEd® likes to help you out whenever we can! We have three different options, each one slightly different, to make sure you get the exact education you need, in […]

California Department of Real Estate Approves OnlineEd 8-Hour Mortgage Loan Originator Course

(OnlineEd®) – The OnlineEd Mortgage Loan Originator (“MLO”) 8-hour NMLS approved continuing education course was approved by the NMLS for MLO continuing education sometime ago, but what you may not know is that it is also approved by the California Department of Real Estate for real estate license renewal. The approved course now allows licensees […]

Consumer Protections Bolstered with CA’s Department of Real Estate New Licensing Law for Mortgage Loan Originators

(SACRAMENTO, Ca. Dept. of Real Estate) – Oversight of residential mortgage loan originators has been vastly improved with the implementation of new licensing requirements for mortgage originators in California. These new licensing requirements place stricter standards on individuals who originate residential mortgage loans. These standards are intended to keep unscrupulous operators out of the business while ensuring those […]

Do California DRE Licensed Mortgage Loan Originators Still Have Time To Comply with the SAFE Act?

To date, literally thousands of California Department of Real Estate mortgage loan originators haven’t even registered with the NMLS for their Unique Identifier Number! The DRE has a deadline of September 15, 2010 for this to happen. For DRE licensees who haven’t transitioned, here are some steps they can take to get to start the process: