This 1-hour course on Florida 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.
The course begins with an overview of the Office of Financial Regulation (OFR), the Division of Consumer Finance, the NMLS, and the adoption of the federal SAFE Act. The bulk of the class reviews relevant sections of the Florida Statutes Title 33, Chapter 494 and the Florida Administrative Code, Chapter 69V-40. We will go over a few recent amendments to the law and the most recent information on the adoption of Electronic Surety Bonds in Florida and throughout the country.
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): 12939
- Approved By: NMLS
Mary Tillery, loan originator and Sales Manager at Guild Mortgage, in Grants Pass Oregon, has been actively involved in home lending since 1986. She has originated everything from first time homebuyers, to complex construction financing and reverse mortgages, besides all forms of more traditional lending. Mary combines her depth of knowledge with a sincere desire to know, love and serve her clients. She has been teaching home buying classes for 20+ years and loves to share her knowledge with not just her clients, but with people in the industry who are interested in growing.