Late Continuing Education Online Self-Paced

Late CE: 1 Hour MN SAFE Minnesota Mortgage Law Updates (10241) (Online)

About this Course

This course will focus on the laws and rules that regulate mortgage loan originators and mortgage loan originator companies doing business in Minnesota. 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. This course satisfies the one hour Minnesota specific continuing education requirement for loan originators, as specified by Minnesota law. The content for this course is the same as course ID 10241 and is intended to satisfy CE requirements for 2019 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 10241 in 2020.
SKU 4303MN20510A00
24/7 access to your course online
  • Certificate of completion
  • What You'll Learn

    • The authority of the Minnesota Department of Commerce, and it's role in conducting investigations and examinations
    • Important definitions related to mortgage business in Minnesota
    • Required licensee conduct, including guidelines for recordkeeping and reporting, surety bonds, trust accounts and the duty of agency
    • Minnesota statutes on lending authority and regulation of residential mortgage loan transactions
    • Prohibited conduct under the Residential Mortgage Originator and Servicer Licensing Act and the Minnesota SAFE Act
    • Disciplinary actions for violations of applicable laws and regulations

    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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