2 Hour SAFE: Fair Lending 2013 Course Syllabus

Welcome to our two hour Fair Lending SAFE CE course. We are excited to assist you in furthering your mortgage career and are pleased you chose Praedo Institute to satisfy your education requirements. Course Purpose This course satisfies two hours of the elective continuing education requirement under the SAFE Act. Course Description During this course we will review the Home Mortgage Disclosure Act. We will also cover tips on maintaining compliance with Fair Lending Laws. In the second part of the course, we will review several cases with violations related to ECOA or the Fair Housing Act that were filed by the Department of Justice. Course Dates and Times This course is offered for the 2013 license renewal period. In order to ensure proper reporting to NMLS before all mortgage loan originator licenses expire on December 31, 2013, this course must be completed by December 20, 2013. Course Objectives Our objective for this course is to review the Fair Lending Laws in such a way that loan originators will be able to: Explain the Home Mortgage Disclosure Act (HDMA) Comply with the Home Mortgage Disclosure Act Understand the federal laws related to fair lending Understand and evaluate potential fair lending violations Apply lessons learned in fair lending cases to your mortgage practice Grading Policy The course consists of slides mixed with comprehension questions. Each chapter includes a chapter quiz. At the end of the course, you will be required to take and pass a final exam. This course is timed as a two hour course. You must complete the slides in order to progress through the 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, each covering different aspects of the HDMA and compliance. 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. SAFE CE 2013 Fair Lending Chapter 1: Chapter One reviews the Home Mortgage Disclosure Act and tips on maintaining compliance with Fair Lending Laws. It consists of the following sections: Home Mortgage Disclosure Act Tips for Compliance Case Studies Chapter Quiz: 5 question quiz covering all of the material discussed in Chapter One.

SAFE CE 2013 Fair Lending Chapter 2: Chapter Two reviews several cases filed by the Department of Justice. It consists of the following sections: Countrywide Financial Corp. GFI Mortgage Bankers, Inc. Midwest BankCentre Chapter Quiz: 10 question quiz covering all of the material discussed in Chapter Two. Course Final: 15 question final covering all of the material discussed in Chapters One and Two. 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. Please note that the times are estimated, it may take you more or less time to complete the course material than specified in this outline. Regardless of the time it takes you to complete this course, it 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 Introduction Reading Assignments Due Quiz Question Quiz Question Quiz Question Quiz Questions End of Chapter Quiz Quiz Questions Quiz Questions Quiz Questions End of Chapter Quiz End of Course Final Student Feedback Course Introduction Home Mortgage Chapter 1 Disclosure Act Chapter 1 Tips for Compliance Chapter 1 Case Studies Chapter 1 N/A Citywide Financial Chapter 2 Corp. Chapter 2 GFI Mortgage Bankers Chapter 2 Midwest BankCentre Chapter 2 N/A Course Final N/A Course Evaluation N/A Total Course Time (Minutes) Instruction Time Allocation (Minutes) 2 5 4 35 5 23 15 10 5 15 1 120