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Continuing Education Online Self-Paced

1 Hour NM SAFE: A Guide to New Mexico Mortgage Law (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 companies doing business in New Mexico. Students taking this course will focus on a variety of topics, including a review of fictionalized scenarios based on real regulatory decisions made by the Financial Institutions Division. This New Mexico state elective is NMLS-approved for the one hour of state specific education required for mortgage loan originators to renew their New Mexico mortgage license.
$39.00
SKU 4303NM20500A00
24/7 access to your course online
  • Certificate of completion
  • What You'll Learn

    • Recognize minimum standards for loan originators to maintain licensure
    • Required conduct in daily business with potential borrowers
    • Standards for disclosures, recordkeeping and reporting
    • Prohibited conduct for mortgage loan originators in New Mexico
    • Provisions of the law related to examinations and investigations
    • Disciplinary consequences that may result from violations of the law

    How it Works

    This is an online self-paced course that allows you to study the course material independently and at your convenience. Access to a computer with internet access is required. Please note this course is only supported for laptop or desktop computers, as NMLS requirements prohibit the consumption of licensing training on mobile devices, such as cell phones or tablets.

    FAQs

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