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Continuing Education Classroom

8 Hour SAFE Comprehensive: Mitigating Risk Through Compliance (Live)

About This Course

High-cost and higher-priced mortgage loans today are less commonplace than they once were, but they still represent a share of the market. For some consumers, a high-cost mortgage is the most suitable – or best available – option. These loans come with myriad special requirements and restrictions meant to add layers of protection to ensure borrower repayment ability, education, and default avoidance. This course will review these loan types and their special requirements.
$199.00

SKU 4303US22000B00

Certificate of Completion

What You'll Learn

  • Discuss the role of expensive loan products in the market
  • Identify high-cost mortgage loans and their requirements
  • Recall the threshold for identifying higher-priced mortgage loans
  • Identify special requirements and limitations for high-cost mortgages
  • Recall additional standards for HPML transactions

How it Works

This course is delivered in a face to face format in which the student and instructor will occupy and interact in the same physical location. All materials for your NMLS-approved Live CE Courses will be handed to you on the scheduled day of class. Materials will include textbook(s), assessment(s), syllabi, Rules of Conduct (ROC) and a survey. At the beginning of class you will need to provide a valid photo ID during the time of registration in order to attend class. For all Live CE courses, you must be present and attentive for the full length of class. If you are unable to complete any section of the class, you will be required to reschedule. Any missed check-in will prevent you from receiving credit, and you will be required to reschedule. Before you are able to receive credit, you must also initial on the roster that you have read and understand the Rules of Conduct Document (ROC), which will be made available to you when you arrive to the class.

FAQs

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NMLS APPROVED ID 13112

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