New NMLS approved classes announced

January  20^th - RESPA 1-5

Real Estate Settlement Procedures Act  (RESPA) - Course #1027
4 Hour PE Federal Mortgage Law and Regulations
This four-hour FAMB course is designed to feature what you must know in order to be in compliance with RESPA. The intent of this course is to cover all portions of RESPA in addition to the changes published by HUD. During this course students will become acquainted with the laws and the disclosures required. This course addresses the final rule that HUD published on November 17, 2008. Existing law and the final regulation changes have been incorporated throughout the course material. This course will walk you through the January 1, 2010 changes that impact the new HUD 1 and Good Faith Estimate with step-by-step information and  clarifications.

February 17^{th -} Truth in Lending

A Review of Truth  In Lending, Regulation Z and Its’ Commentary - Course #1048
4 Hour PE Federal  Mortgage Law and Regulations

This four-hour FAMB course is designed to feature the  information that you must know in order to be in compliance with TILA and its  Regulation Z. The course is designed to delve into the specifics of TILA  Regulation Z, the Commentary to TILA and the Mortgage Disclosure Improvement Act passed by Congress in 2008. The course addresses the all important new  compliance and disclosure issues and documents with which mortgage professionals  must live.

March  17^th - The New FS494 and How Your Business Will Change Forever - Course #1057

3 Hour FL PE Elective

This three-hour FAMB course is designed to teach you the important changes to the Florida Mortgage Broker and Lending Statutes, FS494. This is the act under which we operate as licensed mortgage professionals: compliance with these statutes is critical. The passage of the SAFE Act in  2008, which required the rewriting of our state law, will indeed change forever  the way we do business. This course’s aim is not just to inform attendees about the 2009 Legislative Session changes, but also how these changes will impact how  Florida’s lending industry does business.

April  21^st -The SAFE Act - Course  #1034
3 Hour PE Federal Law and Regulations

This three-hour FAMB course is designed to educate the attendees regarding Title V of the Housing and Economic Recovery Act more  commonly known as the SAFE Act. This course informs attendees regarding all aspects of the SAFE Act and how the elements of this act will forever alter a state’s lending laws and effectively changing the face of the lending industry  across the country.  Learn the nuances of the act and why your state laws changed to accommodate the federal mandate.

May  19^{th -} An Introduction to Originating and Processing FHA Loans - Course #1117
4 Hour PE Nontraditional Mortgage

This four-hour Florida Association of Mortgage Brokers course is designed to acquaint Processors and Originators with the skills and  knowledge needed to provide mortgage loans insured by the Federal Housing Administration to their borrowers. Upon completion of this course the student  will have gained significant and usable insight into this growing section of the mortgage industry. Not only will the student receive instruction, he or she  will also participate in class exercises designed to generate practical hands-on skills for the learner to take into the real world of loan  production.

Viktoria Bloom
FAMP Broward
Chapter President