11 Hour Course
Show Course ID: 0
Course ID: 10036
Approved By: NMLS
The 11-Hour New York SAFE Comprehensive Mortgage Loan Originators (MLOs) Continuing Education Course is provided for the convenience of all New York MLOs needing to meet their 2018 continuing education needs. The New York course covers state and federal aspects of mortgage loan origination, including New York-specific laws, regulations, and procedures. Some of the highlights of this essential course include looks into the Secure and Fair Enforcement for Mortgage Licensing Act of 2008 (SAFE Act), the New York version of the SAFE Act (3 hours), ethics for MLOs, lending standards for non-traditional mortgages, and updated laws and regulations as well as enforcement powers in mortgage loan origination. And, we'll discuss a number of other subjects including subprime and high loans, and fraud and misrepresentation. We'll also discuss the impact of the Truth-In-Lending-Act and Real Estate Settlement Procedures Act (TILA-RESPA) Integrated Mortgage Disclosure Act (TRID). Plus, there's plenty of New York-specific information, such as licensing and continuing education requirements, surety bonds, home equity theft protection, and HETPA: Rights of Rescission and Errors by Equity Purchasers. Additionally, in this course you'll be provided with more than two dozen quizzes and activities to help hone your mortgage loan originating skills.
This course will expire on 6/30/2019. You must complete the course by this date in order to receive credit.