- Format:Package
- Education Type:Continuing Education
- Line of Authority:N/A
- Language:N/A
- Credit Hours:8
The expectations placed on mortgage loan originators today are greater than ever when it comes to regulatory compliance. To be successful, loan originators need not only understand the regulations, but also how to practically apply them. Students taking this course will review a variety of regulations including, but not limited to those below. This California-DFPI mortgage continuing education course provides a review of relevant issues facing mortgage loan originators (MLO's) today. It is NMLS-approved for the eight hours of continuing education required for California-DFPI loan originators to renew their mortgage license.
What you'll Learn
- Contemporary money laundering and mortgage fraud tactics
- How companies attempt to correct internal fair lending issues, and the consequences of violating fair lending laws
- Various forms of overt and implicit discrimination that occur in the marketplace
- Review of key components of federal law including RESPA, TILA, TRID, ECOA, and more
- Key features, risks and rewards of no-cost loans, ARMs, and 40-year mortgages
- Overview of California state specific mortgage law
What's Included
7 Hour SAFE Core: Mortgage Loan Originator 2024 CE (Online)
7 Hour SAFE Core: Mortgage Loan Originator 2024 CE offers an up-to-the-minute look at myriad topics affecting the market today. From compliance challenges to money laundering, mortgage fraud, and nontraditional products, participants will review a number of contemporary subjects related to mortgage loan origination. Covered issues include TILA, RESPA, the TRID Rule, ECOA, the FCRA, the BSA, and more.
1 Hour CA-DFPI SAFE: California Mortgage Loan Originator 2024 CE (Online)
State Requirements
Approved course ID:15358/15592