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BAI Offers Nationwide Mortgage Licensing System Courses

CHICAGO – June 5, 2018 – BAI, a nonprofit independent organization that delivers the financial services industry’s most actionable insights, announced that it has expanded its compliance course offering with Nationwide Mortgage Licensing System (NMLS) continuing education as required by the SAFE Act.

The BAI NMLS Continuing Education course satisfies the licensing requirements for mortgage loan originators (NMLS Reporting Course) and Regulation Z Safe Harbor (NMLS Non-Reporting Course) to provide highly focused and efficient training. A key feature of these courses, along with BAI’s entire compliance training library, is that in-house compliance experts actively monitor regulation changes and updates to ensure that content is up-to-date even before the change goes into effect, providing the most accurate, relevant and timely content necessary for NMLS license renewal. As part of the BAI Learning Manager platform, the courses are designed to streamline the management and tracking of company-wide compliance training all in one place, reducing administrative impact.

The online courses consist of the following:

  • Eight-hour SAFE Continuing Education course
  • 16 unique, relevant case studies
  • A comprehensive set of resources and job aids
  • 3:2:2:1 content requirements – three hours of federal law education, two hours of ethics training, two hours of non-traditional mortgage lending and one elective, which may be substituted with a state-specific requirement

“This new continuing education course is an important addition to our Mortgage, Bank and Credit Union course offerings because it allows our customers to provide and track MLO compliance training on one platform, the BAI Learning Manager,” said Karl Dahlgren, managing director at BAI. “We understand that organizations need to move quickly through compliance training to be able to focus on other business objectives, so we’ve created our courseware with efficiency and convenience in mind.”

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About BAI

As a nonprofit, independent organization, BAI delivers the financial services industry’s most actionable insights, enabling leaders to make smart business decisions every day. We’re passionate about the trusted information and powerful tools that provide leaders with the clarity and confidence needed to drive positive change and move the financial services industry forward. For more information, visit

About BAI’s Learning and Development

BAI offers comprehensive compliance training and professional development education to more than 1,800 financial services organizations, including banks, credit unions, mortgage companies and nonbank financial services organizations. More than 275,000 financial services employees take compliance and professional development training from BAI every year. In addition to training courseware, BAI offers tools such as webinars, whitepapers, regulatory update summaries and events, which help leaders stay current and better prepared to handle upcoming regulatory changes. The BAI Learning Manager, a learning management system specifically designed for the financial services industry, helps reduce the administrative impact of training management with the latest technology. BAI’s role-based courseware can save 30 percent in training time and help increase learner ROI through the latest in interactive learning design. For more information, visit