Late CE: 1 Hour CT SAFE 2020 State Law Course (12083)

This course is designed to address your 2020 Late CE needs.

This 1 hour course on Connecticut 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 of ethics, 2 hours of non-traditional mortgage lending, and this 1 hour of state-specific content. 

We'll begin with highlights about mortgage fraud and practices MLOs should avoid. The Abusive Home Loan Lending Practices Act will be reviewed, as will key statutes to operate efficiently and lawfully in Connecticut.

In the second module is an extensive overview of prohibited practices, DOB's investigative and enforcement authority, and possible penalties for violations. Next is some limitations, restrictions, and requirements for providing borrowers with ethical home loans. Finally, a few reminders about discriminatory lending and cooperation with the NMLS.

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.