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Iowa Division of Banking


 

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Lending Standards: Nontraditional Mortgage Products

(2 Hours)
Item 339IA57
Available format :
Online $39.00
Due to recent law changes this state-approved course must be completed by December 31, 2009! This course covers 2 hours of nontraditional mortgage products requirement topics required by the S.A.F.E. Act.. This law requires all mortgage loan originators nationwide to complete, at least, "2 hours of approved education on lending standards for the nontraditional mortgage product marketplace."
This course focuses on: loan fraud, ethical practices and professional responsibilities in mortgage lending, and federal fair lending laws that prohibit discrimination in housing.
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.