About this CourseState 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 and mortgage loan companies doing business in New Mexico. Students taking this course will focus on a variety of topics, including a review of fictionalized scenarios based on real regulatory decisions made by the Financial Institutions Division. This New Mexico state elective is NMLS-approved for the one hour of state specific education required for mortgage loan originators to renew their New Mexico mortgage license. The content for this course is the same as course ID 12532 and is intended to satisfy CE requirements for 2021 or the last year a mortgage loan originator held an active license. Mortgage loan originators cannot take this course again for credit in 2022.