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Continuing Education Online Self-Paced

2 Hour WV SAFE: A Guide to West Virginia 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, mortgage lenders, and brokers doing business in West Virginia. 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 West Virginia Division of Financial Institutions. This West Virginia state elective is NMLS-approved for the two hours of state specific education required for mortgage loan originators to renew their West Virginia mortgage license.
$44.00
SKU 4303WV20500A00
24/7 access to your course online
  • Certificate of completion
  • What You'll Learn

    Recognize regulatory agency overseeing West Virginia licensees and its authority Provisions of the law related to licensee conduct, unique identifiers, license renewal, documentation of ability to repay and net tangible benefit Rules related to permissible and prohibited fees and charges Recordkeeping requirements for licensees Provisions of the West Virginia Good Funds Settlement Act Prohibited conduct under the West Virginia SAFE Act and the Residential Mortgage Lender, Broker and Servicer Act Disciplinary actions that could result from non-compliance with 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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