Tracy Hughes's (thughes7) Blog

So you have filed your MU4 application, signed up for your exams, and are ready to take the 20 hours of prelicensing education that you have been putting off since the beginning of the year.  If this sounds like you, don't worry you are not alone.  There are still THOUSANDS of MLOs left to take a...

The time has come for the Reno Air Races.  I am very fortunate to be able to see it from the inside.  My husband is the crew chief for Team Strega.  We are blessed with a hot to trot pilot that rocks.  We can not wait to get up there and kick some butt.  The new commercial is pretty cool.  Check ...

If you are like the many phone calls I get everyday stating they failed the National or State Exam.  You are not alone.  I am finding that most people in the mortgage industry (the longer they have originated loans the more this applies) think they have been originating loans for so long they kno...

Well I don't know about you guys but I have been sitting here paitently waiting for word on my NMLS licenseing completion.  After jumping through all of the hoops required by NMLS; filing both an MU4 and MU1 application ($500), taking my state and national exams ($169), fingerprinting, background...

For those of you who haven't taken your State Exam for the MLO licensing requirement, you will be happy to know that the Hughes School now has a California Mortgage Lending Webinar available to help you cram for your test.  This live 2 hour class will cover all of the aspects of the California St...

I received a call today from a CA broker who had recevied this email from the DRE: California - DRE has agreed to certify you for SAFE Pre-Licensure Education or the State Component of the SAFE Mortgage Loan Originator Test. To complete the Certification process you must pay a fee of $15.00 for P...

Is everyone sick of jumping through hoops trying to get their SAFE Act requirements yet?  You are not alone.  A lot of MLOs just want to know what they need to do and when they need to do it by.  So to refresh these are some of the steps in staisfying your Mortgage Licensing requirements: 1. Regi...

NMLS has posted the pass rates for the MLO SAFE Test for May as listed below: National Component first-time test takes is 71% National Component re-takes is 44% (ouch!) Aggregate State Component is 79% Aggregage State re-takes is 60% Check out the Hughes School for study materials to help you pas...

Hi All, Just wanted to let everyone know that we extended the class schedule for the NMLS SAFE At prelicensing education.  To help meet students demands earlier and later classes have been added to better accomodate Loan Officers.  We now have some evening sessions available!  You can check out t...

Tomorrow night is the Bakersfield Street Fair!  Go Green at the second annual buyers and sellers Home and Garden street fair expo.  We will be there to provide the public with any information on buying and selling a home including loans, insurance, and NMLS education for Loan Officers.  The Hughe...