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Course Syllabus
Tuesday, Thursday, Saturday 10am - 10pm MT
Welcome to our Mississippi SAFE Course. We are excited to assist you in furthering or
beginning your mortgage career and are pleased you chose Praedo Institute to satisfy your
education requirements.
Course Purpose
This course is meant to satisfy the 4 hour Mississippi specific education requirement for
Mississippi loan originator license applicants. If you are taking this course, you should have
completed at least 16 hours of NMLS approved education at another time.
Course Description
During this course, we will review the Mississippi SAFE Mortgage Licensing Act of 2009 and
several of the regulations that accompany the Act.
Please pay close attention to the course schedule found at the end of this syllabus. During your
course you will be required to submit an assignment that must be graded by an instructor
before you can continue progressing through the course. The course schedule outlines the
times by which the assignment must be submitted.
If you do not complete your course within the 12 hour session time, you will be required to
choose a different session date and re-start the course from the beginning.
NMLS has made it clear that courses must be completed in a timely manner. Please consider
the following from Functional Specifications for all NMLS Approved Courses: Version 6 section
1.5.2.3.
Course Objectives
Upon completing this course, you should be able to do the following:
Explain the role of the Mississippi Department of Banking and Consumer Finance in the
mortgage industry;
Outline the requirements to obtain a license in Mississippi; and
Explain the duties and obligations imposed upon a licensee.
Grading Policy
The course consists of slides mixed with comprehension questions. Each chapter includes a
chapter quiz. You will also need to pass a course final at the conclusion of the course. You may
view the slides at your own pace, but you must answer all of the comprehension questions
correctly and score at least 80 percent on all quizzes. You must also pass the final exam with a
score of at least 80 percent in order to receive credit for the course.
Your course consists of two parts. At the end of the first part, you will be required to submit an
assignment to your instructor. Your instructor will grade your assignment within one hour of
assignment submission. Once your assignment has been graded and passed, your instructor
will allow you access to the next part of your course. If your assignment is rejected by your
instructor, you will need to re-do and re-submit the assignment, it will then be graded within
one hour of re-submission.
Course Policies
Each student is required to submit an Identity Affidavit. By confirming the attestation, the
student certifies that the course work was or will be completed by the person for whom the
certificate will be issued. The student further certifies that they did or will not receive any
assistance in completing the course. The submission of a completion certificate for a course
they did not complete themselves may constitute fraud on the students part and is subject to
prosecution and/or discipline.
Technical Support
As our course is entirely online, we do offer technical support via telephone and email from
7:30am to 7:00pm Central Time Monday through Thursday and 7:30am to 6:00pm Central Time
on Friday during regular business days. Our telephone number is 801-492-9933 and the
support email is support@praedo.com. Please note, our technical support staff will often be
unable to answer content questions which are more appropriately directed to your instructor.
Course Outline
This course consists of two parts, each covering different aspects of Mississippi law.
Mississippi Mortgage Law Chapter 1: Chapter One covers definitions and the SAFE Act. It
consists of the following sections:
Exemptions
Bond Requirements
Licensing Requirements
Records
Annual Reports
Mississippi Mortgage Law Chapter 2: Chapter Two covers additional portions of the SAFE Act.
It consists of the following sections:
Office Requirements
Prohibitions
Lock-In Fees
Advertising
Borrower Files
Escrow Accounts
License Suspension and Other Punishments
Enforcement Actions Learning Activity: The student will be directed to the Department's
website where they will review enforcement actions taken by the Department of Banking and
Consumer Finance. They will post three prohibited acts on the Enforcement Forum and explain
what could be done for an individual to avoid disciplinary action. They will comment on
another students post.
MS Licensing Case Study: The student will use information they have learned in the first part of
the course to distinguish between qualified and unqualified licensing candidates.
This assignment must be completed and submitted by 5pm MT on the date you begin the
course. If your assignment is not submitted by this time, you will be required to re-start the
course in a different session.
Course Final: The student will complete the course final covering all of the material discussed
in the course. They are required to pass the final with a score of at least 80%.
Course Evaluation: Students will be allowed to give feedback regarding the course.
In order for you to receive credit for this course, all coursework (including the assignment)
must be completed and approved, the final must be passed with a score of at least 80%, and
the course evaluation must be completed by 10pm MT on the course session date.
Course Schedule
This course consists of the two parts outlined above. The requirements for each part are listed
in the course schedule with the time allowed to complete each learning module. This course
meets the minimum time requirement of 50 seat minutes for each clock hour the course is
approved. This course is approved as a four hour course and must be completed in its entirety
in order for you to receive credit.
Good Luck
Once again, thank you for choosing Praedo Institute. Your success is extremely important to us.
Please let us know if we can be of assistance at any time. Enjoy the course!
Course Outline and Schedule T,TH,Sat 10am MT to 10pm MT
Topics and Instruction Time
Schedule Reading Due Assignments Due
Activities Allocation
Introduction
Mississippi Complete chapter
90 Minutes
Mortgage Law quizzes
Chapters 1 & 2
Post review of
Must be MS SAFE
MS Enforcement enforcement
completed Mortgage Law
Actions Learning orders on 20 minutes
by 5pm MT Part 1
Activity Enforcement
Forum
Submit memo to
MS Licensing Case
instructor by 5pm 20 Minutes
Study
MT
MS SAFE Mississippi Complete chapter
Must be Mortgage Law Mortgage Law quizzes and course 65 Minutes
completed Part 2 Chapter 3 final
by 10pm
Complete
MT Evaluation N/A 5 Minutes
evaluation