Display event - MLO & NMLS Annual Training (Webinar)

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MLO & NMLS Annual Training (Webinar)

December 10, 2024
10am-11:30am

Member Fee (Live or Recording): $165 per connection
Non-Member Fee (Live or Recording): $265 per connection

Are you a 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 federal MLO requirements. In addition, you’ll learn the ins and outs of SAFE Act compliance. Join us to discover nine mandatory steps for the annual SAFE Act audit and five common danger zones.

Topics include:

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
BONUS – Participants will receive a 10-question quiz and an answer key. Passing the quiz will provide documentation of the effectiveness of the training effort.
TAKE-AWAY Toolkit includes:
- SAFE Act FAQs issued by the CFPB
- Links to exam procedures
- SAFE Act compliance checklist

Mortgage loan originators, loan officers, loan assistants, loan operations staff, compliance officers, auditors, and trainers.

Susan Costonis is a compliance consultant and trainer and began a career in banking in 1987. She specializes in compliance management along with deposit and lending regulatory training. Susan has successfully managed compliance programs and exams for institutions that ranged from a community bank to large multi-state bank holding companies. She has been a compliance officer for institutions supervised by the OCC, FDIC, and Federal Reserve. Susan has been a Certified Regulatory Compliance Manager since 1998, completed the ABA Graduate Compliance School, and graduated from the University of Akron and the Graduate Banking School of the University of Colorado. She regularly presents to financial institution audiences in several states and “translates” complex regulations into simple concepts by using humor and real life examples.