Continuing Education Training

NMLS Approved SAFE Act MLO 8-Hour Continuing Education Training

MBAKY, ID #1405096, is proud to be an approved provider of NMLS SAFE ACT MLO 8-Hour Continuing Education (CE). In 2024, MBAKY will offer CE training via live classroom format to members, non-members and other Kentucky industry participants to satisfy their 7-Hour Core CE (#16282) as well as 1-Hour Kentucky CE elective (#16281). Live and interactive CE classes will be held throughout the State of Kentucky beginning in July 2024.

We thank MBAKY member Kim Miller, Arch MI Account Manager and Tennessee Mortgage Bankers Association Education Chair, for her efforts in assisting us with becoming an NMLS Provider and Course Approval. Instructors for this include Kim, MBAKY President Marla Guillaume, and, MBAKY Executive Director Alan Thorup. Combined, these three industry professionals have over 100 years’ experience in mortgage banking!

We have finalized our work with industry education providers to purchase course content, and we have three approved mortgage industry veterans as trainers for this who have reviewed the course material in preparation for training which will start in mid-June.

Upon completion of this course, you will be able to:

  • Review the purpose and functions of the MMC
  • Discuss the origins and application of fair lending rules, including the Fair Housing Act, ECOA, and the FCRA
  • Explain developments in fair lending and affordable housing
  • Review recent enforcements in fair lending
  • Summarize fair housing rules
  • Define UDAAPs and enforcements resulting from unfair, deceptive or abusive acts
  • Review the top ten exam findings from the MMC
  • Understand BSA and AML rules and what is reported when there is suspicious activity
  • Explain FinCEN’s role in mortgage fraud and anti-money laundering activities
  • Discuss mortgage fraud trends, and statistics
  • Know details of the GLB Act including the privacy and safeguards rules
  • Identify cybersecurity activity and how to report fraud or a breach
  • Describe key issues in housing and housing finance
  • Review affordable lending programs
  • Understand trigger leads and legislation issues in housing
  • Summarize recent housing legislation
  • Explain the impact of the Mortgage Action Alliance
  • Compare affordable housing initiatives in three different cities
  • Recognize ways appraisal processes are being modernized
  • Identify words and practices that are acceptable and unacceptable in appraisals
  • Review Fannie Mae and Freddie Mac guidelines on appraisal practices
  • Recite RESPA, TILA and MAP rules
  • Explain limitations of MSAs
  • Discuss recent CFPB updates and enforcements

The link for registration for this is below for the June sessions, with pricing set at $159/members, $179/non-members, and for companies registering 10 employees or more for a session, $129.* This includes course material, instructor, completion certificate and credit banking for each MLO upon course completion.

To register, click here.

* For those wanting to register 10 or more for a class, or are interested in training specifically for your company at a site you choose, please contact the MBAKY Executive Director, Alan Thorup, at 317-428-7699 or