The Mortgage Educator
The Secure and Fair Enforcement for Mortgage Licensing Act seems to be keeping at least two education providers busy. One educational offering provides a good dose of mortgage compliance training.

An 8-hour continuing education course was released by Hondros Learning last month.

The Mortgage Loan Originator Refresher meets SAFE act requirements and is available to mortgage pre-licensing students for exam preparation, according to the Columbus, Ohio-based firm.
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Thousands of NY LOs Can't Originate
Originations have been idled for thousands of loan officers in New York while they attempt to meet education and testing requirements. A state deadline looms for the group.

Wholesaler Helps Pay for NMLS Training
In addition to several education firms that offer training required under the Secure And Fair Enforcement for Mortgage Licensing Act, a wholesale lender is offering subsidized courses for its mortgage broker customers.

Training Materials Developed to Reduce Repurchases
A new educational appraisal program is being developed for lenders to help them avoid repurchase demands.

Several Sources for Mortgage Leads
Loan originators can generate mortgage leads through e-mail marketing, their own Web sites and paid lead generation services. One lead provider only charges for leads after an application is generated, while another is training loan officers how to get more out of the leads it sells. A Minnesota firm said it helps mortgage Web sites land on the first page of search engine results, and a reverse mortgage lead provider is touting a recent move that increased the quality of its leads.

HUD Holding Free RESPA Rule Webinars
Mortgage lenders unsure about how to handle upcoming changes under the new Real Estate Settlement Procedures Act rule can participate in a series of online events hosted by the U.S. Department of Housing and Urban Development.

Education Firms Tackle S.A.F.E. Requirements
Mortgage education providers are lining up courses to help originators meet upcoming state requirements under the Secure and Fair Enforcement for Mortgage Licensing Act of 2008. In other mortgage licensing activity, a huge net branch operation faced an order over unlicensed originators, while licensees in Florida and Pennsylvania face new requirements.

FHA Servicer Training Goes Online
Servicers that are approved to service loans insured by the Federal Housing Administration can now go online to learn about a range of servicing subjects.

Mortgage Education Dominated by NMLS
A host of education firms are rushing in to help loan originators meet new federal licensing requirements. Other available education resources for those in the mortgage industry include training on green lending, government underwriting and mortgage compliance.

Keeping High Producing Employees
A new banking study laid out a number of factors that inspire productive employees to stay with their current employers. The report suggests more needs to be done by banks to retain the best quality employees.