2 Hour SAFE Fair Lending 2015 Course Syllabus

Welcome to our SAFE Fair Lending Course for 2015. We are excited to assist you in furthering

your mortgage career and are pleased you chose Praedo Institute to satisfy your continuing

education requirements.

Course Purpose

This course is approved as two hours of elective CE credit. This course does not contain any

state-specific continuing education.

Course Description

Our Fair Lending course covers the following topics: the Fair Housing Act, the Equal Credit

Opportunity Act, and the Home Mortgage Disclosure Act.

Course Dates and Times

This course is offered for the 2015 license renewal period. In order to ensure proper reporting

to NMLS before all mortgage loan originator licenses expire on December 31, 2015, this course

must be completed by December 21, 2015.

Course Objectives

Upon completing this course, you should be able to do the following:

Explain why fair lending is an important compliance issue for mortgage companies;

Understand the federal laws related to fair lending;

Apply lessons learned in fair lending cases to your mortgage practice; and

Analyze situations and properly evaluate them in the context of fair lending compliance.

Grading Policy

The course consists of slides mixed with comprehension questions. Each chapter includes a

chapter quiz. At the end of the second chapter, you will be required to take and pass a

comprehensive final exam. This course is timed as a two hour course. You must answer all of

the comprehension questions correctly and score 80 percent on all quizzes and tests to receive

credit for the course. You may retake course quiz questions until you pass, but you are allowed

only 10 retakes of the course final.

Course Policies

Each student is required to submit an Identity Affidavit. By confirming the attestation, the

student certifies that the course work was or will be completed by the person for whom the

certificate will be issued. The student further certifies that they did or will not receive any

assistance in completing the course. The submission of a completion certificate for a course

they did not complete themselves may constitute fraud on the students part and is subject to

prosecution and/or discipline.

Technical Support

As our course is entirely online, we do offer live technical support via telephone, email, and

chat from 8:30am to 5:00pm Mountain Time on regular business days. After hours, holiday,

and weekend support is available 365 days a year via email from 9:00am to 10:00pm Mountain

Time. Our mailing address is 42 North, 200 East, Ste. 3, American Fork, UT 84003. Our

telephone number is 801-492-9933 and our support email is support@praedo.com.

Using our System

Once you purchase the course and are logged into our system, you should see a link to the

course on your home page. This link will launch the course. Please carefully review the

introduction module for instructions on using our online system.

Course Outline

This course consists of two chapters, covering the following subjects: the Fair Housing Act, the

Equal Credit Opportunity Act, and the Home Mortgage Disclosure Act.

Fair Lending 2015

Introduction: This module will introduce you to our system. Adherence to the advice and

instructions offered in this module will greatly improve your online education experience.

Fair Lending Chapter 1: Chapter One reviews fair lending. It consists of the following sections:

Why do we care about Fair Lending

Department of Justice

Consumer Financial Protection Bureau

Fair Housing Act

Equal Credit Opportunity Act

Types of Discrimination

Fair Lending Chapter 2: Chapter Two reviews the Home Mortgage Disclosure Act. It consists of

the following sections:

HMDA

HMDA Case Study

HMDA Data

Tips for Compliance

Case Study #1

Case Study #2

Case Study #3

Recent Cases

Fair Lending Course Final: 15 question final exam covering all of the material discussed in the

course.

Course Evaluation: Students will be allowed to give feedback regarding the course.

Course Schedule

This course consists of the two chapters outlined below. The requirements for each chapter are

listed with the approximate time needed to complete each learning module. This course meets

the minimum time requirement of 50 seat minutes for each clock hour the course is approved.

This course is approved as a two hour course and must be completed in its entirety in order for

you to receive credit.

Good Luck

Once again, thank you for choosing Praedo Institute. Your success is extremely important to us.

Please let us know if we can be of assistance at any time. Enjoy the course!

Course Outline and Schedule

Module Reading Assignments Due Instruction Time

Allocation (Minutes)

Introduction System instructions Attestation 5

Chapter 1 Why do we care about

Fair Lending Quiz Question 5

Chapter 1 Department of Justice Quiz Questions 5

Chapter 1 Consumer Financial Protection Bureau

Quiz Question 5

Chapter 1 Fair Housing Act Quiz Questions 9

Chapter 1 Equal Credit

Opportunity Act Quiz Questions 11

Chapter 1 Types of

Discrimination Quiz Questions 13

Chapter 2 HMDA Quiz Question 5

Chapter 2 HMDA Case Study Quiz Questions 5

Chapter 2 HMDA Data Quiz Questions 3

Chapter 2 Tips for Compliance Quiz Questions 3

Chapter 2 Case Study #1 Quiz Questions 10

Chapter 2 Case Study #2 Quiz Questions 8

Chapter 2 Case Study #3 Quiz Questions 10

Chapter 2 Recent Cases Quiz Question 8

Comprehensive Course Final

N/A Complete Course

Final 10

Course Evaluation N/A Evaluation 5

Total Course Time 120