Course Syllabus
Welcome to our GA SAFE Comprehensive Mortgage Loan Originator Course for 2016. We are
excited to assist you in furthering your mortgage career and are pleased you chose Praedo
Institute to satisfy your education requirements.
Course Purpose
This course is meant to satisfy the 2016 NMLS eight hour mortgage loan originator continuing
education requirement for the state of Georgia.
Course Description
Our comprehensive course meets the NMLS Comprehensive CE requirement for Georgia by
covering the following topics: three hours of Federal Law, two hours of Ethics and Loan Fraud,
two hours of the Nontraditional Lending, and one hour of Georgia Mortgage Law.
Course Dates and Times
This course is offered for the 2016 license renewal period. The deadline to complete Georgia
CE is October 31, 2016. In order to ensure proper reporting to NMLS, this course must be
completed by October 21, 2016.
Course Objectives
Upon completing this course, you should be able to do the following:
Explain why fair lending is an important compliance issue for mortgage companies;
Understand the federal laws related to fair lending;
Apply lessons learned in fair lending cases to your mortgage practice;
Analyze situations and properly evaluate them in the context of fair lending compliance;
Understand the definition of an MSA;
Apply the CFPB's stance on MSAs to real life situations;
Identify a non-compliant MSA according to RESPA And CFPB guidance;
Understand what constitutes loan fraud;
Grading Policy
The course consists of slides mixed with comprehension questions. Each chapter includes a
chapter quiz. At the end of the final part, you will be required to take and pass a final exam.
This course is timed as an eight hour course. You must complete the parts in order to progress
through the course. You must answer all of the comprehension questions correctly and score
80 percent on all quizzes and tests to receive credit for the course. You may retake course quiz
questions until you pass, but you are allowed only 10 retakes of the course final.
Course Policies
Each student is required to submit an Identity Affidavit. By confirming the attestation, the
student certifies that the course work was or will be completed by the person for whom the
certificate will be issued. The student further certifies that they did or will not receive any
assistance in completing the course. The submission of a completion certificate for a course
they did not complete themselves may constitute fraud on the students part and is subject to
prosecution and/or discipline.
Technical Support
As our course is entirely online, we do offer live technical support via telephone, email, and
chat from 8:30am to 5:00pm Mountain Time on regular business days. After hours, holiday,
and weekend support is available 365 days a year via email from 9:00am to 10:00pm Mountain
Time. Our mailing address is 42 North, 200 East, Ste. 3, American Fork, UT 84003. Our
telephone number is 801-492-9933 and our support email is support@praedo.com.
Using our System
Once you purchase the course and are logged into our system, you should see a link to the
course on your home page. This link will launch the course. Please carefully review the
introduction module for instructions on using our online system.
Course Outline
This course consists of four parts, covering the following subjects: Federal Law, Loan Fraud,
Nontraditional Mortgage, and Georgia Mortgage Law.
Course Schedule
This course consists of the four parts outlined below. The requirements for each part are listed
with the approximate time needed to complete each learning module. This course meets the
minimum time requirement of 50 seat minutes for each clock hour the course is approved.
This course is approved as an eight hour course and must be completed in its entirety in order
for you to receive credit.
Good Luck
Once again, thank you for choosing Praedo Institute. Your success is extremely important to us.
Please let us know if we can be of assistance at any time. Enjoy the course!
Reading
Assignments Due
Instruction Time
Allocation (Minutes)
Instructions
10
Department of Justice
Quiz Question
Consumer Financial
Protection Bureau
Quiz Question
Quiz Questions
Quiz Question
Quiz Question
Quiz Question
Quiz Question
Quiz Question
Quiz Question
Overt Discrimination
Quiz Question
Disparate Treatment
Quiz Questions
Equal Credit
Opportunity Act
When You Apply for
Credit
When Deciding to
Grant Credit
You Also Have the
Right to
If a Creditor has
Discriminated Against
you
Types of
Discrimination
Disparate Impact
Quiz Questions
Home Mortgage
Disclosure Act
Quiz Question
Quiz Question
HMDA Data
Quiz Question
Quiz Question
Case Study #1
Quiz Questions
Case Study #2
Quiz Questions
Case Study #3
Quiz Questions
Recent Cases
Quiz Questions
24
Quiz Question
Quiz Questions
25
Quiz Questions
17
Quiz Questions
Quiz Question
32
Introduction
Wells Fargo/Chase
CFPB Settlement
Lighthouse Title CFPB
Settlement
CFPB Compliance
Bulletin
Case Study
Introduction
Types of Fraud
Case Study
Loan Fraud Statistics
Types of Fraud
Mortgage Fraud Case
Studies
SARs Reporting
Anti-Money
Laundering Rule
SARs Rule Reporting
Requirements
Quiz Question
Quiz Questions
Quiz Questions
Quiz Question
Quiz Question
6
27
11
4
4
Quiz Question
Quiz Questions
12
Quiz Questions
Quiz Questions
17
VA Home Loans
VA Home Loans
VA Home Loans
VA Home Loans
VA Home Loans
VA Home Loans
VA Home Loans
VA Home Loans
VA Home Loans
VA Home Loans
VA Home Loans
VA Home Loans
VA Home Loans
VA Home Loans
What is a VA Home
Loan?
VA Loan Features
Eligible Loan Purposes
Property Eligibility
Occupancy
Requirements
Who has Jurisdiction
over the Lender?
Types of Approval
Authority Granted to
Lenders
Basic Entitlement and
the Amount of Loan
Guaranty
Who is Eligible for a
VA Home Loan?
How to Document
Eligibility and
Entitlement
VA Lender Resources
What is Restoration
of Entitlement?
Clearing Loans Listed
as Unpaid on the COE
Back-to-Back Closings
VA Guaranty
Calculation
Joint Loans
Case Study
Maximum Loan-ToValue
Maximum Loan
Amount
Funding Fee
Appraisals
Quiz Question
Quiz Question
Quiz Question
Quiz Question
1
1
2
Quiz Question
Quiz Question
Quiz Question
Quiz Question
Quiz Question
Quiz Question
Quiz Question
Quiz Question
Quiz Question
Quiz Question
Quiz Question
Quiz Question
Quiz Questions
1
5
Quiz Question
Quiz Question
Quiz Question
Quiz Question
1
1
VA Home Loans
VA Home Loans
VA Home Loans
VA Home Loans
VA Home Loans
VA Home Loans
VA Home Loans
VA Home Loans
VA Home Loans
VA Home Loans
VA Home Loans
VA Home Loans
VA Home Loans
VA Home Loans
VA Home Loans
VA Home Loans
VA Home Loans
VA Home Loans
VA Home Loans
Minimum Property
Requirements
Refinances
Energy Efficient
Mortgage
Credit
Income
Reservists, National
Guard & Active Duty
Applicants
Helpful Hints for
Reviewing the Military
LES
VA Education Benefits
Rental Income for 2-4
Unit Properties
Debt to Income Ratio
(DTI)
Residual Income
Special Instructions for
using Tables
Residual Income
Calculation
Power of Attorney
(POA)
Alive and Well Status
VA Loan Fees
Seller Concessions
Purchase Agreement
Escape Clause
Case Study
Quiz Question
Quiz Question
Quiz Question
Quiz Question
Quiz Question
Quiz Question
Quiz Question
Quiz Question
Quiz Question
Quiz Question
Quiz Question
Quiz Question
Quiz Question
Quiz Question
Quiz Question
Quiz Question
Quiz Question
1
3
1
Quiz Question
Quiz Questions
Course Introduction
Quiz Question
New Regulations
Quiz Question
Quiz Question
Advertising
Quiz Question
Records
Quiz Question
Mortgage Loan
Transaction Journal
Quiz Question
Quiz Question
Place of Business
Quiz Question
Background Checks
Quiz Question
Quiz Question
Fines
Quiz Questions
Prohibited Acts
Quiz Questions
10
Case Study
Quiz Question
Disclosures
Course Final
N/A
Course Evaluation
N/A
Comprehensive Final
Exam
Evaluation
25
5