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CUNA Mortgage Loan Originator Resources

New! CUNA Becomes NMLS Approved Course Provider 

The new rules issued by the CFPB pursuant to Dodd-Frank amended Regulation Z require that a loan originator must receive periodic training. This training must cover Federal and State law requirements that relate to the individual loan originator's origination activities. What training will meet the standards to satisfy the rule?

The rule is not specific about how much or what type of training is enough, but the rule provides a safe harbor. The rule indicates that one way to obtain a safe harbor is for the MLO to receive training approved by the NMLS for continuing education. You can obtain the safe harbor through CUNA's NMLS approved comprehensive mortgage loan originator course. 

8 Hour SAFE Comprehensive Mortgage Loan Originator Course #4528*

This course, provided by CUNA and instructed by Michael Christians from PolicyWorks, is hosted by various leagues. It meets the continuing education requirements of the SAFE Act inclusive of (3) hours federal laws & regulations, (3) hours ethics, consumer protection & fair lending, and (2) hours lending standards for the non-traditional mortgage product marketplace.

This course covers the following:

  • Regulation Z (Truth-in-Lending)
  • Regulation X (RESPA)
  • Regulation B (Equal Credit Opportunity Act)
  • Fair Housing Act
  • Regulation C (Home Mortgage Disclosure Act)
  • Adjustable Rate Mortgages
  • Federal Housing Administration (FHA) and Veterans Administration (VA) loan programs
  • Reading and Understanding Credit Reports & Scores / Fair Credit Reporting Act (FCRA)

Locations

October 14, 2014 - Lansing, MI
Location: Michigan Credit Union League at LAFCU
For additional information, please contact Monica Strucinski with the Michigan Credit Union League at 517-391-2498 or email.
For information on lodging in the area, click here.
Register now!

November 12, 2014 - St. Cloud, MN
Location: St. Cloud FCU
For additional information on location, directions or housing please contact Sue Groskreutz with the Minnesota Credit Union League at 800-477-1034, email.
Register now!

November 13, 2014 - Apple Valley, MN
Location: Wings Financial CU
For additional information on location, directions or housing please contact Sue Groskreutz with the Minnesota Credit Union League at 800-477-1034,email.
Register now!

November 18, 2014 - Louisville, KY
Location: Kentucky Credit Union League
For additional information on location, directions or housing, please contact Tim Head with the Kentucky Credit Union League at 502-855-8208, email or contact Laura Parrish at 502-855-8209, email.
Register now!

November 19, 2014 - Louisville, KY
Location: Kentucky Credit Union League
For additional information on location, directions or housing, please contact Tim Head with the Kentucky Credit Union League at 502-855-8208, email or contact Laura Parrish at 502-855-8209, email.
Register now!

April 7, 2015 - Denver, CO
Location: Mountain west Credit Union Association
For additional information on location, directions or housing, please contact Nicole Brusewitz, VP of Education & Events, Mountain West CU Association at 720-479-3275, email.
Register now!

April 9, 2015 - Phoenix, Arizona
Location: Arizona Central Credit Union
For additional information on location, directions or housing, please contact Nicole Brusewitz, VP of Education & Events, Mountain West CU Association at 720-479-3275, email.
Register now!

Please contact your State League if you are not affiliated with the location you choose. Seats are limited. 

Interested in hosting Mortgage Loan Originator training?
For additional information regarding hosting Mortgage Loan Originator training, please contact Tracy Blaske, CUNA's Director of Compliance Education at 608-231-4030 or email.


*NMLS Approved Course Provider #1405021
Credit Union National Association • 5710 Mineral Point Road, Madison, WI 53705 • 800 356-9655

 

 

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