Continuing Education Online Self-Paced Video

1 Hour MN SAFE: Keeping Current on Minnesota Mortgage Law Video CE (Online)

About this Course

State mortgage regulations are constantly evolving and keeping up with these changes can prove challenging. This course will focus on the laws and rules that regulate mortgage loan originators and mortgage loan originator companies doing business in Minnesota. Students taking this course will focus on a variety of topics, including a review of fictionalized scenarios based on real decisions made by regulatory authorities overseeing mortgage business in Minnesota. This Minnesota state elective is NMLS-approved for the one hour of state specific education required for mortgage loan originators to renew their Minnesota mortgage license.
SKU 4303MN21600A00
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What You'll Learn

  • The authority of the Department of Commerce and its role in regulating Minnesota mortgage professionals
  • Important terms related to mortgage loan transactions in the state
  • Required conduct for mortgage licensees, including recordkeeping and reporting, trust accounts, and more
  • Sections of Minnesota law that outline regulations for mortgage loan transactions
  • Prohibited acts and practices under the Residential Mortgage Originator and Servicer Licensing Act and the Minnesota S.A.F.E. Act
  • Disciplinary consequences that will result from violations of the law


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