Course Objectives

This course provides North Carolina mortgage loan originators with the knowledge and practical tools needed to navigate the state's regulatory landscape, prevent mortgage fraud, and uphold consumer protection standards. Participants will explore the oversight role of the North Carolina Office of the Commissioner of Banks (NCCOB), recent updates to the North Carolina S.A.F.E. Mortgage Licensing Act, and the fraud and identity theft risks that most frequently affect mortgage professionals and the borrowers they serve.

By the end of this course, participants will be able to:

• Describe the role and authority of the North Carolina Office of the Commissioner of Banks (NCCOB) and explain how recent legislative changes to the NC S.A.F.E.
• Mortgage Licensing Act strengthen consumer protections and clarify MLO responsibilities.
• Identify prohibited acts and regulatory expectations under North Carolina law and apply compliance best practices to day-to-day origination activities.
• Prepare for NCCOB examinations by recognizing common compliance findings and understanding what regulators evaluate during routine reviews.
• Recognize red flags of mortgage fraud and identity theft — including fraudulent documentation, borrower impersonation, and wire fraud schemes — and describe the MLO's role in detecting and preventing suspicious activity.
• Apply North Carolina and federal consumer protection laws to daily operations in a manner that protects borrower information and maintains ethical lending practices.