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NAMB member


 

Iowa Division of Banking


 

NMLS approved



Exams by PSI


 

Federal Laws and Rules for Loan Originators

(3 Hours)
Item 339IA56
Available format :
Online $49.00
Due to recent law changes this state-approved course must be completed by December 31, 2009! This course covers 3 hours of Federal laws and regulations topics required by 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.