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.
This course is NMLS-approved for eight hours of core continuing education required for mortgage loan originators, as specified by the S.A.F.E. Mortgage Licensing Act. This course is intended for Indiana-SOS Principal Manager Licensees only.