Continuing Education Online Self-Paced

8 Hour SAFE Elective: IN-SOS Principal Manager License Credit

About this Course

As the mortgage industry continues to evolve, mortgage loan originators must stay abreast of the topics most pertinent to their everyday business. Mortgage Lending Law Mastery provides a review of relevant issues facing mortgage loan originators today. Students will examine the provisions of several key mortgage lending laws, including the Qualified Mortgage Rule. Students will take a look at the implications of mortgage fraud on the industry, including ways to detect and prevent fraud. In addition, students will review the steps that a mortgage loan originator must take to comply with regulations for the origination of FHA loans, and compliance concerns related to money laundering in the mortgage market.

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SKU 4303US22020A00

  • 24/7 access to your course online
  • Certificate of completion

What You'll Learn

  • The underwriting standards that apply when originating qualified mortgages
  • Similarities and differences in the underwriting standards for qualified and non-qualified mortgages
  • Components of the FHA insurance program, including mortgage insurance and qualified mortgage rules
  • Application requirements and procedures for origination of FHA loans
  • Common misrepresentations made by loan applicants to enhance their eligibility for a mortgage and the red flags for these misrepresentations
  • The implications for loan originators when knowingly submitting a loan application containing false information
  • Basic principles of money laundering and its impact on today’s markets
  • The relationship between money laundering and mortgage fraud
  • Current events related to detection and prevention of money laundering

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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