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Continuing Education Online Self-Paced

3 Hour NY SAFE: Keeping Current on New York 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 York. 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 New York Department of Financial Services. This New York state elective is NMLS-approved for the three hours of state specific education required for mortgage loan originators to renew their New York mortgage license.
$54.00
SKU 4303NY21500A00
  • 24/7 access to your course online
  • Certificate of Completion

What You'll Learn

  • Requirements to obtain and maintain a mortgage license in New York
  • Required conduct for licensees in the state, including disclosures, fees and charges, and more
  • Standards for originating certain loan products in New York, including reverse mortgages and high-cost home loans
  • Requirements for junior liens, including definitions and related provisions
  • Prohibited acts and practices for New York mortgage professionals
  • 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

Have a question?  Check out our Frequently Asked Questions