source:
  type: regulation
  id: safe-12cfr-1008.107
  authority: 12 CFR Part 1008 — SAFE Act Minimum State Licensing Standards for Mortgage Loan Originators (CFPB)
    § 1008.107 — Minimum annual license renewal requirements
  description: '12 CFR Part 1008 — SAFE Act Minimum State Licensing Standards for Mortgage Loan Originators (CFPB),
    §1008.107 Minimum annual license renewal requirements. Captured section-complete (all subsections verbatim).

    '
obligations:
- id: safe-12cfr-1008.107-a
  canonical_id: safe-12cfr-1008.107-a
  section: 12 CFR §1008.107(a)
  description: 'Minimum annual license renewal requirements — (a): (a) For an individual to be eligible to renew
    a loan originator license as required under &#xA7; 1008.103(f), a state must require the individual: (1) To
    continue to meet the minimum standards for license issuance provided in &#xA7; 1008.105; and (2) To satisfy
    annual continuing education requiremen…'
  type: do
  tags:
  - regulator-direct
  - gap-fill
  - section-complete
  primary_source:
    tier: 1
    authority: 12 CFR Part 1008 — SAFE Act Minimum State Licensing Standards for Mortgage Loan Originators (CFPB)
      § 1008.107
    source_class: ecfr-xml
    source_url: https://www.ecfr.gov/current/title-12/chapter-X/subchapter-B/part-1008
    snapshot_id: 8be7db7ff328d57d
    fetched_at: '2026-06-18T00:00:00+00:00'
    content_hash: sha256:d145571b2b30300b8a66c87fe89c457b2c3961ee4d853c3e9b551a7eb4f181bb
    paragraph_quote: '(a) For an individual to be eligible to renew a loan originator license as required under
      &#xA7; 1008.103(f), a state must require the individual: (1) To continue to meet the minimum standards for
      license issuance provided in &#xA7; 1008.105; and (2) To satisfy annual continuing education requirements,
      which must include at least 8 hours of education approved by the NMLSR. The 8 hours of annual continuing education
      must include at least:'
    drafter_attestation: Verbatim (whitespace-normalized) slice of §1008.107 subsection (a) from snapshot 8be7db7ff328d57d;
      substring-verified.
  judgment: false
- id: safe-12cfr-1008.107-i
  canonical_id: safe-12cfr-1008.107-i
  section: 12 CFR §1008.107(i)
  description: 'Minimum annual license renewal requirements — (i): (i) 3 hours of Federal law and regulations; (ii)
    2 hours of ethics (including instruction on fraud, consumer protection, and fair lending issues); and (iii)
    2 hours of training related to lending standards for the nontraditional mortgage product marketplace.'
  type: do
  tags:
  - regulator-direct
  - gap-fill
  - section-complete
  primary_source:
    tier: 1
    authority: 12 CFR Part 1008 — SAFE Act Minimum State Licensing Standards for Mortgage Loan Originators (CFPB)
      § 1008.107
    source_class: ecfr-xml
    source_url: https://www.ecfr.gov/current/title-12/chapter-X/subchapter-B/part-1008
    snapshot_id: 8be7db7ff328d57d
    fetched_at: '2026-06-18T00:00:00+00:00'
    content_hash: sha256:d145571b2b30300b8a66c87fe89c457b2c3961ee4d853c3e9b551a7eb4f181bb
    paragraph_quote: (i) 3 hours of Federal law and regulations; (ii) 2 hours of ethics (including instruction on
      fraud, consumer protection, and fair lending issues); and (iii) 2 hours of training related to lending standards
      for the nontraditional mortgage product marketplace.
    drafter_attestation: Verbatim (whitespace-normalized) slice of §1008.107 subsection (i) from snapshot 8be7db7ff328d57d;
      substring-verified.
  judgment: false
- id: safe-12cfr-1008.107-b
  canonical_id: safe-12cfr-1008.107-b
  section: 12 CFR §1008.107(b)
  description: 'Minimum annual license renewal requirements — (b): (b) A state must provide that a state-licensed
    loan originator may only receive credit for a continuing education course in the year in which the course is
    taken, and that a state-licensed loan originator may not apply credits for education courses taken in one year
    to meet the continuing education …'
  type: dont
  tags:
  - regulator-direct
  - gap-fill
  - section-complete
  primary_source:
    tier: 1
    authority: 12 CFR Part 1008 — SAFE Act Minimum State Licensing Standards for Mortgage Loan Originators (CFPB)
      § 1008.107
    source_class: ecfr-xml
    source_url: https://www.ecfr.gov/current/title-12/chapter-X/subchapter-B/part-1008
    snapshot_id: 8be7db7ff328d57d
    fetched_at: '2026-06-18T00:00:00+00:00'
    content_hash: sha256:d145571b2b30300b8a66c87fe89c457b2c3961ee4d853c3e9b551a7eb4f181bb
    paragraph_quote: (b) A state must provide that a state-licensed loan originator may only receive credit for
      a continuing education course in the year in which the course is taken, and that a state-licensed loan originator
      may not apply credits for education courses taken in one year to meet the continuing education requirements
      of subsequent years. A state must provide that an individual may not meet the annual requirements for continuing
      education by taking an approved course more than one time in the same year or in successive years.
    drafter_attestation: Verbatim (whitespace-normalized) slice of §1008.107 subsection (b) from snapshot 8be7db7ff328d57d;
      substring-verified.
  judgment: false
- id: safe-12cfr-1008.107-c
  canonical_id: safe-12cfr-1008.107-c
  section: 12 CFR §1008.107(c)
  description: 'Minimum annual license renewal requirements — (c): (c) An individual who is an instructor of an
    approved continuing education course may receive credit for the individual''s own annual continuing education
    requirement at the rate of 2 hours credit for every one hour taught.'
  type: do
  tags:
  - regulator-direct
  - gap-fill
  - section-complete
  primary_source:
    tier: 1
    authority: 12 CFR Part 1008 — SAFE Act Minimum State Licensing Standards for Mortgage Loan Originators (CFPB)
      § 1008.107
    source_class: ecfr-xml
    source_url: https://www.ecfr.gov/current/title-12/chapter-X/subchapter-B/part-1008
    snapshot_id: 8be7db7ff328d57d
    fetched_at: '2026-06-18T00:00:00+00:00'
    content_hash: sha256:d145571b2b30300b8a66c87fe89c457b2c3961ee4d853c3e9b551a7eb4f181bb
    paragraph_quote: (c) An individual who is an instructor of an approved continuing education course may receive
      credit for the individual's own annual continuing education requirement at the rate of 2 hours credit for
      every one hour taught.
    drafter_attestation: Verbatim (whitespace-normalized) slice of §1008.107 subsection (c) from snapshot 8be7db7ff328d57d;
      substring-verified.
  judgment: false
