The SAFE Act, part of the Housing and Economic Recovery Act of 2008 (HERA), establishes minimum national standards for mortgage training, both in pre-licensing and continuing education. CampusMBA’s approved courses include a 20 Hour SAFE Comprehensive course on the essentials of mortgage origination as well as various SAFE elective courses covering FHA, Reverse, and VA fundamentals.

“Through CampusMBA’s newly approved course offerings, meeting the SAFE Act’s pre-licensure requirements could not be easier,” said Paul Green, MBA’s Senior Vice President of Corporate Relations, Education and Business Development. “As lenders have to carve time out of their busy schedules to meet the new SAFE Act requirements, we are proud to offer various options to fit their unique situations.”

In addition, CampusMBA announced that its School of Mortgage Banking I (SOMB I) curriculum has been approved to meet the 20 hour pre-licensing requirement under the SAFE Act.  The 33 hour SOMB I course offers an all-encompassing curriculum on the essentials of mortgage banking.  Those who successfully complete SOMB I also earn points toward becoming a Certified Mortgage Banker (CMB), the mortgage lending industry’s most prestigious designation.    

For more information about requirements and registering for CampusMBA's SAFE Act approved courses click here or call (800) 793-6222 (select option 3).

If you are a member of the media, please contact Carolyn Kemp at (202) 557-2727.

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The Mortgage Bankers Association (MBA) is the national association representing the real estate finance industry, an industry that employs more than 280,000 people in virtually every community in the country. Headquartered in Washington, D.C., the association works to ensure the continued strength of the nation's residential and commercial real estate markets; to expand homeownership and extend access to affordable housing to all Americans. MBA promotes fair and ethical lending practices and fosters professional excellence among real estate finance employees through a wide range of educational programs and a variety of publications. Its membership of over 2,200 companies includes all elements of real estate finance: mortgage companies, mortgage brokers, commercial banks, thrifts, Wall Street conduits, life insurance companies and others in the mortgage lending field. For additional information, visit MBA's Web site:  www.mortgagebankers.org.