1 Hour SAFE: Understanding the ECOA CE (#13634)

Course Format: Online / Self-Paced
Credit Hours: 1 Hour Elective
NMLS Approval #13634

This brand-new continuing education elective course is approved by the Nationwide Mortgage Licensing System (NMLS) (#12634) and contains instruction on the key provisions of the Equal Credit Opportunity Act.  This continuing education course is intended to satisfy one hour of elective requirements towards the 8 hours of required annual SAFE continuing education.

Remember that MLO licensees must complete 8 hours of continuing education annually that includes the following:

• 3 hours of instruction on federal regulations and law;
• 2 hours of ethics training (including training on consumer protection, fair lending issues, and fraud);
• 2 hours on lending standards for nontraditional mortgage products; and
• 1 hour of elective content.