Mortgage Loan Originator Licensing Education Requirement

When the SAFE Act was passed by the US Congress in 2008, it mandated that all States require that Mortgage Loan Originators meet certain minimum requirements to obtain and maintain a Mortgage Loan Originator License. Once of those requirements was Education. The SAFE Act mandated 20 hours of Pre-License Education in order to obtain an LO license and 8 hours of Continuing Education each year in order to maintain and renew an LO License. Over the next couple years, each state passed legislation to meet this federal education mandate and regulators worked with the Nationwide Mortgage Licensing System (NMLS) to implement this requirement.State-Specific Mortgage License Education
When the states passed legislation to meet this federal SAFE Act Education requirement, many of them decided to also require additional education above and beyond the minimum federal requirement of 20 hours of Pre-License Education and 8 hours of annual Continuing Education. Many states require anywhere from 1 to 15 hours of state-specific Pre-License Education and 1 to 3 hours of annual Continuing Education. And as more states have adopted the Uniform State Test (UST) in lieu of a state-specific NMLS Test, many of those same states have decided to recently add additional state-specific education requirements.Mortgage License Education Types
When the NMLS started working with the states to implement the LO License education requirements, they came up with 3 ways to meet the mortgage loan originator education requirement. Live, Webinar, and Online Instructor-Led. These three options were developed in order meet certain NMLS requirements that the mortgage education course be timed and that there be interaction between the instructor and the mortgage loan originator. The Live and Webinar versions clearly meet this requirement, but for the Online Instructor-Led Course to meet that requirement, but still give the LO the ability to work at their own pace, the NMLS along with the states created a requirement for the online mortgage education course to include questions and answers between the instructor and the Mortgage Loan Originator. The live course is generally only offered to large groups such as large companies that have many LOs that need mortgage licensing continuing education at the same time. Most mortgage education companies offer the Webinar option, but then the LO has to sit through the entire education course all at one time. So most Mortgage Loan Originators prefer the Online Instructor-Led Education Course. You can do it at your own pace and have much more flexibility.

What Is the Role of a Robot Education System?

The role of a robotic education system or educational robotics is to create a learning environment in which people involved are motivated by both the design and construction of robotics. Depending upon the program there are a variety of different avenues this type of education can take. At the same time there are certain phases or objectives which must be met in order to ensure an effective education.Multi-Step Curriculums are Designed for SuccessThe key to an effective robotic education system is a multi-step curriculum. Without a multi-step curriculum the educational goals can become muddled and students can quickly fill overwhelmed. The goal of teaching robotics is to help students adapt to current production processes and automation technology. Proven curriculums follow three fundamental stages.The first stage is robot design and assembly training. Using a variety of parts and technologies such as an LED board and contact sensor the assembly and production of a student’s own robot is theoretically possible. In order to complete this stage design specific training is included as well. The second stage is programming training. This stage focuses on the use of a command ship in order to teach students programming language and understanding how to train the movements of a robot. The final stage is robot execution training. In this stage training is conducted by downloading programs to the robot. Additionally, students will often modify the robot, programming, or both to complete the process.Virtual Learning Systems Save TimeVirtual learning systems currently play a significant role in the robot education system. The virtual learning system offers a variety of tools including an interactive virtual robot assembly system, practical training using virtual assembly, and virtual assembly and programming interfaces. This allows students to gather all of the fundamental skills necessary to complete a robot education system via a virtual environment. Even students without experience in programming can learn to use the tools provided in a virtual assembly environment. The best part is virtual systems are designed to be self-initiated by students to ensure that their training is suited to their current education level.There are Robot Education Systems Designed for KidsOver the past several years, the robot education system has been extended to children. Kids can now undertake a step-by-step learning process design to faithfully reflect the education objectives of a multi-step curriculum. This includes providing a rudimentary understanding of the contents as well as introducing them to regular education courses. While the overall goals are the same for children as they are teenagers or adults there are a number of additional tools to make the entire process easier to understand for kids.