This NMLS-approved online mortgage training course satisfies your annual mortgage continuing education requirement. Covered topics include 4 hours of federal law, 2 hours of lending ethics and 2 hours related to the nontraditional marketplace mandated by the SAFE Act. Keep abreast of the latest changes to the mortgage lending landscape! Included are important provisions of the MAP Rule and the repayment analysis as required under TILA and proposed federal regulation. The impact of ethical conduct in mortgage lending in protecting consumers and reducing fraud and unfair discrimination is also described. The course concludes with recent updates to TILA, HOPEA, and the Dodd-Frank Act and how they affect the lending of high cost mortgages.
There is a $1.50 per hour mandatory NMLS-Banking fee that will be added at checkout. hide details...