Events Calendar

Webinar: Annual MLO Requirements & SAFE Act Compliance
Thursday, November 04, 2021, 11:00am - 12:30pm

Are you a mortgage loan originator (MLO)? Do you understand the scope of federal regulations for MLOs? Are you receiving enough training and following the registration process? Attend this information-packed session and get prepared for your annual audit.


  • Identify who must be registered, understand which employees meet the definition of mortgage loan originator (MLO), and know which are exempt
  • Complete the required steps in the initial and subsequent registration process, including proper use of forms, criminal background checks, fingerprinting, and MLO registration submission
  • Verify the required policies, procedures, and compensation rules
  • Complete nine required steps for the annual audit
  • Ensure MLOs receive the periodic training required under Reg Z, commensurate with day-to-day origination responsibilities


What does it mean to be a mortgage loan originator in today’s world? Are the MLOs at your financial institution meeting the requirements? There are mandated registration procedures, and a compulsory annual independent audit. This webinar will address these rules, cover the SAFE Act requirements, provide an overview of the Loan Originator Compensation Requirements, and offer nine steps for auditing the SAFE Act. A concise summary of federal regulations that apply to mortgage lending will augment the overall MLO training requirements.


This informative session is designed for internal auditors, SAFE Act administrators, compliance officers, mortgage loan managers, and MLOs.


  • SAFE Act FAQs issued September 2019 by the CFPB
  • Links to exam procedures
  • SAFE Act compliance checklist
  • Template for a SAFE Act audit
  • Employee training log
  • Interactive quiz

SPEAKER: Susan Costonis, Compliance Training & Consulting for Financial Institutions

Susan Costonis is a compliance consultant and trainer. She specializes in compliance management along with deposit and lending regulatory training. Most of her 35-year career was spent as a banker in several areas including lending, loan administration, electronic banking, and compliance risk management.

Susan has successfully managed compliance programs and exams for institutions that ranged from a community bank to large multi-state bank holding companies. She has been a compliance officer for institutions supervised by the OCC, FDIC, and Federal Reserve. Susan has been a Certified Regulatory Compliance Manager since 1998, completed the ABA Graduate Compliance School, and graduated from the University of Akron and the Graduate Banking School of the University of Colorado. She regularly presents to financial institution audiences in several states and “translates” complex regulations into simple concepts by using humor and real-life examples.