FOR IMMEDIATE RELEASE
Madison, Wis. (April 28, 2015) – CUNA announced today that its National Mortgage Licensing System & Registry (NMLS) approved Mortgage Loan Originator (MLO) Course self-study option is now available. All mortgage loan originators are required to receive periodic MLO training under the new Regulation Z rules.
“CUNA & PolicyWorks LLC are proud to meet the needs of our credit unions with NMLS-approval,” says Tracy Blaske, CUNA director of compliance education. “Credit unions who utilize CUNA’s MLO courses can be confident they will satisfy the requirement under Regulation Z, and the new self-study course is a convenient option for mortgage loan originators.”
Currently, only NMLS-approved courses are considered safe harbors under the new Regulation Z rules. CUNA’s approved self-study course is designed specifically for credit unions and the course, instructed by Michael Christians from PolicyWorks, meets the continuing education requirements of the SAFE Act. At the end of the course, participants will take the required examination and receive a completion certificate.
The course covers:
CUNA also offers MLO training at various leagues around the country. Leagues can sign up to host a training session by contacting Tracy Blaske or call 608-231-4030.
For more information and to register for CUNA’s MLO course, visit cuna.org/mlo.
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With its network of affiliated state credit union leagues, Credit Union National Association (CUNA) serves America's credit unions, which are owned by more than 100 million consumer members. Credit unions are not-for-profit cooperatives providing affordable financial services to people from all walks of life. For more information about CUNA, visit www.cuna.org or follow @CUNA on Twitter. For more information about credit unions, visit www.aSmarterChoice.org and follow @asmarterchoice on Twitter. Visit the CUNA Press Room for a full listing of media mentions, press releases and resources to stay informed on current events within the credit union industry.