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#1514796 - 02/25/11 05:46 PM Training webinars offered thru NMLS
Many Hats Offline
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Orlando, FL
We were interested in registering for the session entitled MLO Basics (a training session for MLO's). Following is the description: This session will show MLOs how to: update and attest to their MU4R filing, complete the fingerprint process, understand notification emails, view their Composite MLO record, and grant their institution access (if necessary).

Has anyone done this training? Is it really only for MLO's?

We do not plan on having our MLO's do anything on the web site - only the administrators.

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#1514810 - 02/25/11 06:10 PM Re: Training webinars offered thru NMLS Many Hats
#Just Jay Online
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Yes, we did it Wednesday.

It does a nice job of showing both scenarios... exactly what the MLO will see, as well what you need to see.

It's surprisingly simple.
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#1514823 - 02/25/11 06:29 PM Re: Training webinars offered thru NMLS #Just Jay
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Will the MLO's be required to actually log onto the site and do anything?

I am going to sign up our admins to attend the training, but I am just not sure if the MLO's really need to sit in on it.

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#1514848 - 02/25/11 06:48 PM Re: Training webinars offered thru NMLS Many Hats
hrlady Offline
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Your MLO will need to go into the system to attest to the information you entered. So yes, they'll need to know how to do that.

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#1514858 - 02/25/11 06:53 PM Re: Training webinars offered thru NMLS hrlady
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DD Regs
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Somewhere in the middle
Does the NMLS give any material to support the training? Not sure if we can get all our staff together to watch one of these, and would like to use their material to suppliment our training.
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#1514861 - 02/25/11 06:54 PM Re: Training webinars offered thru NMLS hrlady
#Just Jay Online
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#Just Jay
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Cheeseheadland
Ditto what hrlady said. Plus depending on how you are doing the fingerprinting, they will need to set their appointment and location up as well.

We are going to do the upload of basic core information for the LOs, and then have them come in in groups to login, set their passwords and such, complete their info, attest and so on.

Keep in mind, this is the LOs registration and account for the rest of their working career, not just a one time formality to get this off the ground and running. They will need to understand this.
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#1514864 - 02/25/11 06:56 PM Re: Training webinars offered thru NMLS DD Regs
#Just Jay Online
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#Just Jay
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Cheeseheadland
Originally Posted By: DD Regs
Does the NMLS give any material to support the training? Not sure if we can get all our staff together to watch one of these, and would like to use their material to suppliment our training.


IMO, not so. I felt the training provided was more of a "this is what they can expect to see, and this is what you will want to tell them, or this is what you will need to know to help them" kinda feel.

You should really sigg up for them... it's a helluva deal for $35. Basic, but leaves no stone unturned.
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#1514874 - 02/25/11 07:02 PM Re: Training webinars offered thru NMLS #Just Jay
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I think we're going to have the admins attend each training session first, then have the MLO's do the training session that is just for them later (as I am sure they will be offering mroe sessions).

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#1518391 - 03/07/11 08:26 PM Re: Training webinars offered thru NMLS Many Hats
Sheldon Hendrix Offline
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South
Does anybody know if they plan on doing more "MLO Basics" beyond March? All of the ones that they had offered are closed.

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#1518424 - 03/07/11 08:58 PM Re: Training webinars offered thru NMLS Sheldon Hendrix
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I just checked the web site http://mortgage.nationwidelicensingsystem.org/news/events/Pages/FedHowToSeries.aspx and it looks like sessions A, B, and D still have openings. They are also now providing a link to the materials.

You can access a recording of an overview webinar they had hosted from the following page http://mortgage.nationwidelicensingsystem.org/news/events/Pages/default.aspx I didn't participate so I don't know if this covers everything you need to know.
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#1535937 - 04/14/11 10:19 PM Re: Training webinars offered thru NMLS Reads Regs
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NMLS has now posted links to the webinar recordings for their 4 part series. If you didn't get to sign up for them, you can view them for free. Use the links in my prior post.

If after you have viewed them you still have questions, they are offering 90 minute review webinars on various dates. Here's a link to the page with the schedule. http://mortgage.nationwidelicensingsystem.org/news/events/Pages/fedregreviewworkshop.aspx You must go through a registration process for these.
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Opinions expressed are my own and not necessarily those of my employer. They are not legal advice.

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