AYPORealEstate.com

This 1 hour course for Qualified Employees in Nevada will satisfy your state-specific elective requirement towards the 8 hours of annual continuing education needed for license renewal with this course.

Topics of interest include important information for Qualified Employees, and MLOs, residential loan, and mortgage material, Nevada regulations, examinations, audits, financial records, and statements, trusts, escrow and impound accounts, deeds of trust, laws on child support, Nevada Covered Service Providers, and complaints, investigations, and violation issues.

We’ll begin with a look at the Nevada division of Mortgage Lending, and continue into important definitions for Nevada mortgage personnel. Next, we explore regulations that affect industry professionals, such as reporting requirements, fiduciary mandates, examination and audit laws and codes, statutes that regulate the reporting and maintenance of records, and financial transactions. The module continues with detailed information on trust and impound accounts and how mismanagement may derail the professional, and ends with a look at trust deeds and their processes. 

In the second module, the course considers advertising and related disclosures, as well as as laws regarding investors. The section continues, and looks at how noncompliance with child support obligations can impede a licensee’s authority. Nevada Covered Service Providers are discussed. Next is an in-depth discussion on complaints, and associated investigations. The module concludes with details on violations, how they may affect a professional’s ability to remain in the industry if not addressed. 

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.

  • Course ID(s): 15139
  • Approved By: NMLS

Instructor Bio

Mary Tillery real estate atyourpaceonline instructor

Mary Tillery, an originating branch manager at Synergy One Lending in Grants Pass, Oregon, believes that buying a home is one of life’s true milestones. For more than 35 years, she has been teaching lending education classes and helping homebuyers achieve their dreams. Mary combines her love of knowledge with her passion for people in her roles as a loan originator and educator. From first-time mortgages to complex construction financing, she is happy to share her expertise with clients and industry professionals alike.