Registration of Mortgage Loan Originators
Webinar December 21, 2009, 1:30-3:30 CT
This monumental registration effort will impact lending personnel in every financial institution. This webinar explains the
requirements of the Act and the implementing regulations along with policies and procedures each institution must adopt.
The OCC, FRB, FDIC, OTS, and others (the Agencies) are adopting What is a Webinar?
final rules to implement the Secure and Fair Enforcement for Mortgage A webinar is an enhanced telephone seminar. The audio portion is delivered by
Licensing Act (S.A.F.E. Act). They are effective 30 days after publica- speaker phone. You may also view a corresponding PowerPoint using a PC. No
tion, which is expected soon. Registration must be completed within 6 special hardware is needed. The program consists of 90 minutes instruction and
months of the date the Registry begins accepting registrations. The 30 minutes Q&A. Each webinar registration provides 1 connection to the webinar,
S.A.F.E. Act, enacted on July 30, 2008, mandates a nationwide licens- materials and access to the On-Demand Webinar for 30 days following the broad-
ing and registration system for mortgage loan originators. It requires: cast. You may have unlimited listeners on your connection by speaker phone and
All States to provide a licensing regime for mortgage loan originators PC. You will receive a materials and instructions prior to the seminar. If you do not
regulated by a State within one year of enactment (two years for receive confirmation 2 days prior to the event call 888-262-7701.
States whose legislatures meet biennially); and
The On-Demand Webinar is a live webinar that has been recorded and streamed
The Agencies to develop and maintain a system for registering mort- to your computer. The program can be viewed anytime 24/7. You can watch a
gage loan originators employed by Agency-regulated institutions. portion, come back and pick up where you left off! You may also review the
The Act prohibits individuals from engaging in the business of residential program for a refresher. Anyone at your branch may access the program using
mortgage loan origination without first obtaining and maintaining annually: the login and password. When you purchase an On-Demand Webinar, you have
1) Registration as a mortgage loan originator and a unique identifier if unlimited access for six months from the date of purchase.
employed by an Agency-regulated institution (Federal registration); or Transmission, retransmission or republishing of the audio portion of the seminar is
2) A license and registration as a state-licensed loan originator and a prohibited. Your registration entitles you to 1 connection at 1 location with permission
unique identifier. to copy materials for participants. Complete one registration per location.
Federal and State licensing and registration must be accomplished
Please check all appropriate boxes SW2-1256
through the Nationwide Mortgage Licensing System and Registry (Reg-
istry). The Agencies must ensure that the Registry is furnished with S.A.F.E. Act December 21, 2009
information concerning the originator's identity, including: Webinar/materials (live webinar) $250
On-Demand Webinar/materials* $270
1) Fingerprints for submission to the FBI and other relevant *Unlimited online access to a copy of the webinar for 6 months from purchase date
governmental agencies for a State and national criminal history We cannot guarantee registration for incomplete and/or illegible registration
background check; and forms received. Please complete the form and type or write carefully.
2) Personal history and experience, including authorization for the _____________________________________________________
Registry to obtain information related to any administrative, civil, or Name Title
criminal findings by any governmental jurisdiction. _____________________________________________________
Why Participate? Mailing Address
This monumental registration effort will impact loan officers and other _____________________________________________________
lending personnel in every financial institution in the nation. _____________________________________________________
Requirements of the S.A.F.E. Act and the implementing regulations;
Preferred Payment Method: Online or e-Check
What institutions are impacted by the new rules; Payment Must Accompany Registration - Invoices are Not Provided
Who must be registered; Four Ways to Register
When registration must be completed; Online: Visit ndba.com or bankersed.com/ndbankers/telephone.asp.
How to register; Fax: Fax completed form with credit card information to 512-381-1571
Fingerprinting and other data submission requirements Mail: Mail completed form with check to Bankers Ed, 5700 S. Mopac,
Annual renewal of registration; #C310, Austin, TX 78749 at least 10 days prior to the broadcast
Requirement for annual independent testing for compliance; and Phone: Call Bankers Ed at 888-262-7701
Policies and procedures each financial institution must adopt. Late Registration: Please register online when registering 2 days prior to the
event (credit cards & e-Checks accepted). Call 888-262-7701 for assistance.
Speaker Method of Payment (check one):
Jack Holzknecht, Pegasus Educational Services Check payable to Bankers Ed (must be accompanied by registration form)
Discover Card MasterCard VISA AMEX
Card Number Security Code
Compliance personnel, lenders and management of financial institutions _____________________________________________________
and their mortgage lending subsidiaries. Signature Exp. Date
Seminar Content Questions: Contact NDBA Professional
CE Applied: 2.5 hours CRCM/CPB/CLBB with the Institute of Certified Bankers Development at (701) 223-5303. Please route this brochure.