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Federal Laws and Rules for Loan Originators

(3 Hours)
Item 339IL56
Available format :
Online $59.00
Due to recent law changes this state-approved course must be completed by December 31, 2009! This course meets the 3-hour Federal laws and regulations requirement as set forth in the S.A.F.E. Act. This law requires all mortgage loan originators nationwide to complete, at least, "3 hours of approved education on Federal laws and regulations."
This course focuses on: Real Estate Settlement Procedures Act (RESPA) and the Equal Credit Opportunity Act (ECOA). Each law is broken down and explained, including purpose, prohibited actions, notification and disclosure requirements, and complaint and enforcement procedures.
Convenient for home or office study! Chapter reviews help focus on important terms and concepts. Frequent quizzes reinforce the material. Interactive games help you understand complex concepts.