The content for this course is the same as course ID 7483 and is intended to satisfy CE requirements for 2018 or the last year a mortgage loan originator held an active license. Mortgage loan originators who take this Late CE course are prohibited from taking course ID 7483 in 2019.
This course will focus on the laws and rules that regulate mortgage loan originators doing business in Connecticut. The topics included in this course are presented according to those outlined by the state as subjects that must be included in order to satisfy the continuing education requirements for mortgage loan originators. In Module 1, students will spend 20 minutes reviewing the portions of the Connecticut Banking Law pertaining to required and prohibited conduct for licensees. In Module 2, students will spend 20 minutes reviewing the Connecticut Abusive Home Loan Lending Practices Act and 20 minutes reviewing other provisions of Connecticut law pertaining to mortgage and loan practices.
This course satisfies the one-hour Connecticut-specific continuing education requirement for loan originators, as specified by Connecticut law. In addition to one hour of Connecticut-specific education, annual S.A.F.E. Act continuing education requirements include three hours of federal law, two hours of ethics, and two hours of nontraditional mortgage lending.