This NMLS-approved online mortgage training course meets the required 8 hours of continuing education under the SAFE Act and the 1 hour Rhode Island law requirement. Included are 3 hours of federal law, 2 hours of ethics, 2 hours related to the nontraditional mortgage marketplace and 1 hour of Rhode Island mortgage law. 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 is described. The course continues with recent updates to TILA, HOPEA and the Dodd-Frank Act. The course concludes with 1 hour of Rhode Island mortgage lending laws. There is a $1.50 per hour mandatory NMLS-Banking fee that will be added at checkout. hide details...

This NMLS-approved online mortgage training course satisfies the required 1 hour of continuing education for Rhode Island mortgage loan originators. This course covers the regulatory authority of the Rhode Island Department of Business Regulation, an examination of issues concerning license maintenance and recordkeeping, and a survey of conduct prohibited for loan originators. Recent disciplinary actions against licensees are used as a means of illuminating these topics. Next, students focus on issues concerning fair housing and discrimination and conclude with a look at Banking Regulation 5, concerning mortgage foreclosure disclosure. There is a $1.50 per hour mandatory NMLS-Banking fee that will be added at checkout. hide details...