Late CE: 1 Hour KY SAFE 2020 State Law Course (12069)
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1 Hour Course
- $30.00
This course is designed to address your 2020 Late CE needs.
This 1 hour course on Kentucky laws and regulations fulfills the state elective requirement for annual renewal. Licensed mortgage loan originators in our 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.Â
We'll begin with a review of important definitions for MLOs and the move to a discussion of activities by MLOs which require licensure and the differences between various loan professionals in the industry.Â
In the second module, we'll have an overview of prohibited practices, and the Kentucky DFI's investigative and enforcement authority, and possible penalties for violations. We'll also examine a real world case involving fraud in the banking and real estate industry in our state, as well as what can happen when players in the industry neglect public interests for their own gain.
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: 0
- Approved By: NMLS
Instructor Bio
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.