How’s that for a blunt question? As I promised awhile back, I’m having our Course Consultants here at ProSchools keep track of interesting questions they receive about the upcoming NMLS license exams which are part of the S.A.F.E. Mortgage License Act. Remember, all mortgage loan originators (MLOs) will need t
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That is the question I posed to one of the Senior Examiner’s for the Iowa Division of Banking (IDB) recently. Iowa Senate File 355 for mortgage loan originators says as of July 31st new loan originators are to take an NMLS approved 20 Hour IA SAFE Comprehensive course. However, the NMLS is not expected to have any courses approved until m
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Tomorrow mortgage loan originators in 11 states can start taking the NMLS exam. ProSchools has an exam prep available in 7 of those states, the others to be ready shortly.
As most of you in the mortgage business know by now, under the SAFE Act loan originators must pass a state and national exam, satisfy prelicense ed
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In answer to the question, are we there yet? Almost! Last week we received official word that ProSchools is approved as an NMLS provider!The Secure and Fair Enforcement for Mortgage Licensing Act (SAFE Act) requires anyone wanting to offer NMLS courses must first become an “NMLS Approved” course provider. Step one: done!Ne
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ProSchools just learned that the NMLS Exam Components (National and State) for meeting the S.A.F.E. Act are now available for enrollment and scheduling for these states: Arizona, Idaho, Iowa, Louisiana, Massachusetts, New Hampshire, North Carolina, Pennsylvania, Rhode Island, Vermont, and Washington.The exams will not be available to take, howe
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