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 doing business in Connecticut. Students taking this course will focus on a variety of topics, including a review of fictionalized scenarios based on real decisions made by regulatory authorities overseeing mortgage business in the state of Connecticut. This Connecticut state elective is NMLS-approved for the one hour of state specific education required for mortgage loan originators to renew their Connecticut mortgage license.
What You'll Learn
- Definitions of significance for mortgage licensees
- Required and prohibited conduct for licensees
- Connecticut Abusive Home Lending Practices Act
- Provisions of the law relating to other mortgage loan types, specifcally non-prime home loans
How it Works This course is delivered via a live feed of an instructor presenting course material and is designed to allow the student to communicate in real time with the instructor as well as fellow students.
All information and material for your NMLS approved live webinar course will be sent to you one business day before your scheduled start day. The information sent to you will include step-by-step instructions for how to register for your webinar, as well as a syllabus providing a brief outline of your course and background information on your instructor. You must be present and attentive for the full length of the webinar. If you are unable to complete any section of the class, you will be required to reschedule. You will be required to check in at random points during the course to confirm attendance. Any missed check-in will prevent you from receiving credit, and you will be required to reschedule. Before you are able to receive credit, you must also sign your Rules of Conduct document (ROC), which will be made available to you before your scheduled start time.