This 1 hour course on California laws and regulations fulfills the state elective requirement for annual renewal. Licensed mortgage loan originators in the state must take 8 hours of continuing education each year, with 3 hours being dedicated to federal law, 2 hours on ethics, 2 hours on non-traditional mortgage lending, and this 1 hour of state-specific content.
We’ll begin with a review of important state laws, naming changes to regulatory bodies, and official definitions MLOs need to know. The second module talks about agency and agency relationships. This module primarily focuses on state agency law, including authority of agents, third party and principal involvement, delegation of duties, and termination of agency.
To promote comprehension, students will complete a 5-question quiz and short activity after each module. A 15-question final exam will wrap up the course.
Show Course ID: 1
- Course ID(s): 15101
- Approved By: NMLS
Mary Tillery is the instructor for all of our MLO continuing education courses. She has been sharing her expertise with fellow mortgage loan originators for more than 35 years as a lending educator. Learn more about Mary’s background here.