Consumers rely on the guidance of mortgage professionals as they navigate the loan process. Whether for a first-time home purchase or a refinance, most consumers only get a mortgage loan a couple of times over the course of their lives. As the industry changes, regulations emerge, and available products appear, adjust, or fade away, borrowers will turn to their mortgage loan originator to help keep them informed. Staying aware of the requirements that apply to loan transactions in their state is the best way for licensees to maintain a successful, compliant track record. This course will review the laws and regulations that apply to mortgage professionals doing business in the District of Columbia. This text will use requirements as they are set forth in the District of Columbia Mortgage Lender and Broker Act. The text will refer to the actual language of the law, drawn from Title 26 of the D.C. Code and Title 26-C of the D.C. Municipal Regulations.
Continuing Education
Online Self-Paced