Today’s consumer-focused and more heavily regulated mortgage industry requires consummate professionals to help facilitate one of the biggest financial commitments most people will make in a lifetime. Mortgage professionals must be knowledgeable and ethical when it comes to providing home loans and services.

Mortgage Loan Originator—Refresher is designed to serve as a valuable resource for all mortgage loan originators, whether experienced or new. This text includes topics as required by the SAFE Act: Federal lending legislation, ethics, and nontraditional mortgage products, as well as a high level review of key terms and concepts associated with mortgage origination activities in general. Whether used in the classroom or for self-study, you will find the information presented in a clear and concise manner. The text key terms, examples, and quizzes. In addition, there are two sample 100-question multiple choice tests—with correct answers and rationales included—that reflect the subject breakdown of the National MLO Test.

Highlights include:

• A thorough review of federal mortgage lending-related laws, including the Truth in Lending Act, the Real Estate Settlement Procedures Act, the Equal Credit Opportunity Act, the Fair Credit Reporting Act, and others
• A discussion of what makes a loan "nontraditional"
• An quick review of the mortgage loan origination process
• A review of ethical issues, including a summary of laws related to fair lending