This MLO Mentor article outlines common money laundering practices and the programs that counter them.
MLO Mentor: Anti-Money Laundering
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Mortgage Loan Brokering & Lending
Learn the core concepts of consumer and business mortgage lending and brokering.
Stay current on the latest news, videos, forms, and updates for California Mortgage Lending.
Recent updates to the course e-book
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Mortgage Concepts: What are the elements of a nontraditional mortgage risk?
Mortgage Concepts is a recurring video series covering best practices and compliance education for California mortgage loan originators. This video discusses the elements of a nontraditional mortgage risk. For course credit toward renewing your NMLS license, visit firsttuesday.us.
MLO Mentor: Red Flags Rule
This MLO Mentor guide helps you quickly identify suspicious activity as detailed under The Red Flags Rule. Enroll in firsttuesday’s 8-Hour NMLS CE to renew your California mortgage loan originator license and learn more about identity theft prevention in your practice.
MLO Mentor: Section 32 coverage tests
This MLO Mentor guide helps you quickly identify when a loan falls under Section 32 requirements. Enroll in firsttuesday’s 8-Hour NMLS CE to renew your California mortgage loan originator license and learn more about Section 32 loans in your practice. The Home...
LIBOR phase out begins on December 31, 2021. Are you ready?
As LIBOR’s demise quickly approaches, the Secured Overnight Financing Rate (SOFR) is the backup rate of choice.
Construction awaits a full jobs recovery; Monthly Statistical Update (December 2021)
The faltering recovery progress for jobs; Low labor force participation continues; Construction recovery hampered
Mortgage Concepts: When is the credit exception notice used?
Mortgage Concepts is a recurring video series covering best practices and compliance education for California mortgage loan originators. This video discusses circumstances that require the issuances of the credit exception notice. For course credit toward renewing your NMLS license, visit firsttuesday.us.
Mortgage Concepts: Issuing a risk-based pricing notice
Mortgage Concepts is a recurring video series covering best practices and compliance education for California mortgage loan originators. This video discusses circumstances that require the issuances of the risk-based pricing notice.
Mortgage Concepts: Is it a violation of the Equal Credit Opportunity Act (ECOA)?
Mortgage Concepts is a recurring video series covering best practices and compliance education for California mortgage loan originators. This video discusses violations of the Equal Credit Opportunity Act, examples of discrimination, and exceptions. For...