NMLS Safe Act Study Guide - Practice Questions Edition
Crash Course & Test Prep: Exam Prep for Passing the Nationwide Multi-State Licensing System Exam - For Mortgage Loan Originators
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Narrated by:
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Liam Bradford
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By:
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Xander Mitchell
About this listen
If you want to pass the NMLS exam but don’t have a lot of time for studying, pay attention...
You are no doubt a busy professional with a lot of things going on! It can be challenging to find the time to study in preparation for the NMLS exam. However, the truth is that the NMLS test is a challenging test. It is normal to have some anxiety about taking this test.
Thorough preparation cannot be overlooked. That is why the author Xander Mitchell, a mortgage loan originator, developed the NMLS Study Guide! It contains hundreds of practice questions and reviews all essential concepts found on the exam from all categories of the exam. You can listen to it wherever life takes you! Its sections include:
I. Introduction to the NMLS Exam
A. Purpose of the NMLS Exam
B. Overview of the exam structure and format
C. Importance of passing the exam for mortgage professionals
II. Federal Mortgage-Related Laws and Regulations
A. Real Estate Settlement Procedures Act (RESPA)
B. Truth in Lending Act (TILA)
C. Home Mortgage Disclosure Act (HMDA)
D. Equal Credit Opportunity Act (ECOA)
E. Fair Housing Act (FHA)
F. Secure and Fair Enforcement for Mortgage Licensing Act (SAFE Act)
G. Consumer Financial Protection Bureau (CFPB) regulations
III. General Mortgage Knowledge
A. Types of mortgage loans
B. Mortgage loan origination process
C. Mortgage loan underwriting and approval
D. Mortgage loan closing process
E. Mortgage loan servicing
IV. Loan Products and Programs
A. Conventional mortgages
B. Government-insured mortgages (FHA, VA, USDA)
C. Jumbo mortgages
D. Non-conforming mortgages
E. Adjustable-rate mortgages (ARMs)
F. Fixed-rate mortgages
G. Balloon mortgages
V. Mortgage Loan Disclosures and Documentation
A. Loan Estimate (LE) and Closing Disclosure (CD)
B. Truth-in-Lending (TIL) statement
C. Good Faith Estimate (GFE)
D. Mortgage loan application (1003 form)
E. Required documentation for loan approval
F. Compliance with privacy laws (Gramm-Leach-Bliley Act)
VI. Ethics and Professional Conduct
A. Fiduciary duty to clients
B. Prohibited practices and unfair lending
C. Anti-money laundering (AML) regulations
D. Fair lending practices and avoiding discrimination
E. Confidentiality and information security
VII. State-Specific Mortgage Laws and Regulations
A. Overview of state licensing requirements
B. State-specific laws and regulations governing mortgage activities
C. State disclosures and documentation requirements
VIII. NMLS System and Record-Keeping
A. NMLS registration and licensing process
B. Maintaining accurate and up-to-date records
C. Continuing education requirements
D. NMLS reporting and compliance obligations
X. Conclusion
Each section is divided into further subsections making sure all aspects of the exam are covered! If you listen to our study guide and take the time to really understand the concepts, we are confident you will pass the test and be on your way to a rewarding career!
Don't leave your NMLS exam success to chance. Invest in your future today with the Ultimate NMLS Exam Study Guide. Join the ranks of professionals who have taken their careers to the next level with our comprehensive, effective, and results-driven study companion.
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- Original Recording
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In the six lessons of Why Memoir Matters: Learning from the Lives of Others, associate professor and author Tahneer Oksman guides you through enduring categories and themes within the genre of memoir, exploring how these deeply personal stories work and why they are so impactful. The course also addresses the ethical responsibilities of the memoir writer, in terms of writing about personal life details and what it means to tell the truth as a writer while sharing personal memories, shocking events, and even family secrets.
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Fantastic, Accessible Series
- By Amazon Customer on 12-11-24
By: Tahneer Oksman, and others
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How to Release Anxiety
- By: Gabrielle Bernstein
- Narrated by: Gabrielle Bernstein
- Length: 1 hr and 29 mins
- Original Recording
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It’s not just you. Stress levels are at an all-time high—so much so that a recently convened panel of medical experts in the US has recommended that all adults under the age of 65 be screened for anxiety. In How to Release Anxiety, Gabby Bernstein offers simple, actionable steps for feeling better, living with more ease, and showing up for those around us. Gabby’s unusual advice: Rather than manage your anxiety, what if you befriended it? Gabby posits that what we befriend, we can ultimately be at ease with. So she invites us to get curious.
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Not my thing, but one good point
- By Scott on 10-22-22
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30 Covert Emotional Manipulation Tactics: How Manipulators Take Control in Personal Relationships
- By: Adelyn Birch
- Narrated by: Kitty Hendrix
- Length: 1 hr and 48 mins
- Unabridged
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Identifying covert emotional manipulation is tricky. You sense something is wrong, but you can't quite put your finger on the problem. This powerful book will reveal to you if manipulation is at play in your relationships. It will open your eyes. You will learn 30 tactics manipulators use to get what they want. You will also learn to spot the warning signs within yourself that expose covert manipulation is taking place, even if you can't identify the specific tactics being used.
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This book can change your life!
- By Cat O. on 04-04-18
By: Adelyn Birch
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How to Write Best-Selling Fiction
- By: James Scott Bell, The Great Courses
- Narrated by: James Scott Bell
- Length: 12 hrs and 38 mins
- Original Recording
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Most people think the way to write a best seller is to have a lot of talent and even more luck. As you will learn, there is a recipe for success, and luck may be the least important ingredient in creating a best seller. No one has cracked the code better than James Scott Bell. A best-selling author himself, and the author of the number-one best seller for writers, Plot & Structure, Mr. Bell has been teaching the principles of best-selling fiction for over 20 years, principles that apply to any genre or style.
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I'm a writer and this course is to blame.
- By accentrique on 07-22-19
By: James Scott Bell, and others
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Mind Mapping
- Improve Memory, Concentration, Communication, Organization, Creativity, and Time Management
- By: Kam Knight
- Narrated by: Jim D Johnston
- Length: 5 hrs
- Unabridged
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This is a comprehensive guide to learning about a wonderful technique called mind maps. Mind maps are an amazing organizational and creativity tool that can improve memory, concentration, communication, organization, creativity, and time management.
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make sure to practice
- By Meryem on 04-24-17
By: Kam Knight
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Dark Alliance
- The CIA, the Contras, and the Crack Cocaine Explosion
- By: Gary Webb
- Narrated by: Christian Rummel
- Length: 20 hrs and 28 mins
- Unabridged
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In July 1995, San Jose Mercury-News reporter Gary Webb found the Big One - the blockbuster story every journalist secretly dreams about - without even looking for it. A simple phone call concerning an unexceptional pending drug trial turned into a massive conspiracy involving the Nicaraguan Contra rebels, L.A. and Bay Area crack cocaine dealers, and the Central Intelligence Agency.
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Bigger than You Thought
- By Susie on 04-28-14
By: Gary Webb
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There's No Such Thing as Bad Weather
- A Scandinavian Mom's Secrets for Raising Healthy, Resilient, and Confident Kids (from Friluftsliv to Hygge)
- By: Linda Åkeson McGurk
- Narrated by: Ann Richardson
- Length: 8 hrs and 39 mins
- Unabridged
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Bringing Up Bébé meets Last Child in the Woods in this lively, insightful memoir about a mother who sets out to discover if the nature-centric parenting philosophy of her native Scandinavia holds the key to healthier, happier lives for her American children.
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Great concept, interesting writing.
- By Kate on 11-03-17
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Easy Spanish Step-by-Step
- By: Barbara Bregstein
- Narrated by: Rachel Story
- Length: 37 hrs and 15 mins
- Unabridged
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Easy Spanish Step-by-Step is designed in such a way that each section builds upon the last to help your brain progressively create lasting and meaningful connections to each new word and grammar concept. Simply by listening and speaking out loud with us, you will naturally progress, step-by-step, toward Spanish communication and fluency.
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Best so far . . .
- By Medusa in Akron on 07-20-21
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English Grammar Boot Camp
- By: Anne Curzan, The Great Courses
- Narrated by: Anne Curzan
- Length: 12 hrs and 26 mins
- Original Recording
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Grammar! For many of us, the word triggers memories of finger-wagging schoolteachers, and of wrestling with the ambiguous and complicated rules of using formal language. But what is grammar? In fact, it's the integral basis of how we speak and write. As such, a refined awareness of grammar opens a world of possibilities for both your pleasure in the English language and your skill in using it, in both speech and the written word.
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Spectacular
- By Quaker on 09-24-16
By: Anne Curzan, and others
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Our Magnificent Bastard Tongue
- The Untold History of English
- By: John McWhorter
- Narrated by: John McWhorter
- Length: 5 hrs and 22 mins
- Unabridged
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A survey of the quirks and quandaries of the English language, focusing on our strange and wonderful grammar. Why do we say "I am reading a catalog" instead of "I read a catalog"? Why do we say "do" at all? Is the way we speak a reflection of our cultural values? Delving into these provocative topics and more, Our Magnificent Bastard Tongue distills hundreds of years of fascinating lore into one lively history.
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Great for casual linguists
- By Bertie on 01-11-10
By: John McWhorter
What listeners say about NMLS Safe Act Study Guide - Practice Questions Edition
Average customer ratingsReviews - Please select the tabs below to change the source of reviews.
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- Amelia Gross
- 12-20-23
you will do on all aspects of your selection
I appreciate how this audiobook emphasizes not just what to study but how to approach questions. It helped me develop a strategic mindset for the exam.
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- Erica Burgess
- 12-22-23
Glad I bought this book
The narration is engaging, and the content is presented in a way that makes it easy to remember. I felt confident tackling each section of the exam.
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- Tiffany Lynch
- 12-20-23
Five stars!
The practice questions mimic the real exam, and the explanations are crystal clear. This audiobook is an essential tool for acing the NMLS test.
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- Crystal Mendoza
- 12-24-23
Good buy
Highly Recommended Overall, this audiobook comes highly recommended for anyone preparing for the National Counselor Examination. It is a comprehensive and well-structured study guide that has helped many individuals succeed in their exam.
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- Susie Schultz
- 12-24-23
This guide is spot on for learning the key
The real-world scenarios discussed in the audiobook gave me a practical understanding of the concepts. It's not just theory; it's application. A top-notch study guide!
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- Edgar
- 12-22-23
Suggestion
As someone with a hectic schedule, the audiobook format was a game-changer. I could study while jogging or doing chores. It made the preparation process so much more flexible.
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- Diane Kelley
- 12-21-23
What you have to know!!!!!
The practical tips for the exam day were a nice touch. It's not just about knowledge but also about being mentally prepared. Great resource!
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- Debra Rogers
- 12-22-23
GREAT RESOURCE!
I was struggling with certain topics, but the audiobook really helped me grasp them. The real-world examples and case studies were particularly useful.
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- Alberta Walsh
- 12-18-23
I felt confident going into the exam.
The convenience of an audiobook for NMLS prep is unbeatable. I could listen while commuting, and the content is comprehensive. I felt confident going into the exam.
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- Billie Holmes
- 12-17-23
Much easier to understand.
I struggled with other study materials, but this audiobook really clicked for me. The practice questions are challenging, but that's exactly what you need to succeed on the NMLS exam.
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