1 Hour Course
Show Course ID: 1
Course ID: 10778
Approved By: NMLS
This course on Florida-specific education fulfills 1 hour of annual continuing education for licensed MLOs in the state. A total of 8 hours must be completed each year, which includes 3 hours of federal law, 2 hours of non-traditional mortgage lending, 2 hours of ethics (including fraud, consumer protection, and fair lending issues), and 1 hour of Florida-specific education. This is a stand-alone course, and can be taken either on its own or in connection to other courses offered to fulfill your CE requirements.
This course is broken down into 2 modules. Each module contains:
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. There is also a small section on the F.A.C.’s Anti-Coercion Regulations.
We’ll finish the course with a look at 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.
The course is completed with a final exam consisting of 15 questions randomly drawn from the class.