The Mortgage Education Blog

TrainingPro 8 Hour NC Continuing Education Course Now Approved

TrainingPro — Mon, 12 Jul 2010 18:51:21 +0000

The NMLS has approved TrainingPro’s 8 hour North Carolina continuing education course. Individuals can now complete the entire North Carolina continuing education coursework in one course! The course contains the SAFE mandated 3 hours of federal laws and regulations, two hours of consumer protection, fair lending, and ethics, 2 hours of training on the nontraditional mortgage pr0duct marketplace, and the North Carolina mandated 1 hour of North Carolina mortgage laws.

Please contact us at 877-878-3600 or www.trainingpro.com for more information about this course or to schedule a course.

TrainingPro Receives Approval for NY, DC, ID and MS CE

TrainingPro — Mon, 12 Jul 2010 18:41:28 +0000

TrainingPro has recently received approval for four continuing education state law courses from the NMLS. The following courses have been approved in the classroom, classroom equivalent and the online self-paced formats:

1 Hour Methods of Mortgage Practice in the District of Columbia
1 Hour Methods of Mortgage Practice in Idaho
2 Hour Methods of Mortgage Practice in Mississippi
3 Hour Methods of Mortgage Practice in New York

The above-mentioned courses are intended to be used in conjunction with our 7 hour “core” package in order to meet the states’ individual continuing education course requirements. Please call 877-878-3600 or visit www.trainingpro.com in order to schedule a course.

Florida Announces their NMLS Transition Plan

TrainingPro — Thu, 08 Jul 2010 15:33:46 +0000

On October 1, 2010 Florida will begin participation in the NMLS system. All licensed mortgage brokers, mortgage brokerage businesses and lenders must reapply for licensure under the new requirements. Because of the volume of individuals and businesses required to be licensed in the NMLS system, the state is encouraging all persons and businesses affected to apply as early as possible. Also, Florida will be participating in the testing and education certification offered in conjunction with the Conference of State Bank Supervisors. All currently licensed mortgage brokers who apply between October 1 and November 30 will have their pre-lciensing education certified by the state. All licensed mortgage brokers who have passed a FL test after January 1, 2004 will have their FL test component certified as well. All individuals will have to complete the national component of the SAFE test.

For more information regarding the FL transition, please go to: http://mortgage.nationwidelicensingsystem.org/slr/transitions/Pages/FLTransPlan.aspx .

Hawaii Announces Participation in the NMLS

TrainingPro — Tue, 29 Jun 2010 20:28:20 +0000

All MLO applicants working for a company may also submit Form MU4 through the NMLS beginning October 5, 2010, but should coordinate with their sponsoring company about submission dates. MLO applicants must meet the additional requirements listed below in order to become eligible for a license:

Pre-licensure education
A passing score of both the National and Hawaii components of the SAFE test
Satisfactory criminal background check
Hawaii Division of Financial Institutions satisfactory review if a credit report
License sponsorship in NMLS by your company
Payment of all fees, including payment of mortgage loan recovery fund fees

As the deadline approaches, more information will become available. Please continue to check back for updates.

WV CE Approved

TrainingPro — Mon, 28 Jun 2010 21:20:43 +0000

TrainingPro has received approval for its 1 hour West Virginia CE course: 1 Hour_Methods of Mortgage Practice in West Virginia. The course has been approved in the classroom, classroom equivalent, and the online self-paced formats. Courses can be purchased through TrainingPro by calling 877-878-3600 or visiting us at www.trainingpro.com.