Continuing Education Online Self-Paced

3 Hour NY SAFE: A Guide to 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.
SKU 4303NY20500A00
24/7 access to your course online
  • Certificate of completion
  • What You'll Learn

    • Standards for obtaining and maintaining licensure in New York
    • Required conduct for mortgage licensees, including required disclosures and limitations on fees and charges
    • Provisions under the law for originating reverse mortgages and high-cost mortgage loans
    • Junior liens as they are defined under the law
    • Prohibited conduct and practices for mortgage licensees in New York
    • Standards and procedures for examinations and investigations
    • Consequences that may result from violating 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.


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