Late Continuing Education Online Self-Paced

Late CE: 2 Hour WV SAFE: A Guide to West Virginia Mortgage Law (11371) (Online)

About this Course

This course will focus on the laws and rules that regulate mortgage loan originators, mortgage lenders, and brokers doing business in West Virginia. 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 two hour West Virginia specific continuing education requirement for loan originators, as specified by West Virginia law. The content for this course is the same as course ID 11371 and is intended to satisfy CE requirements for 2020 or the last year a mortgage loan originator held an active license. Mortgage loan originators cannot take this course again for credit in 2021.
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SKU 4303WV21510A00

  • 24/7 access to your course online
  • Certificate of Completion

What You'll Learn

  • Recognize regulatory agency overseeing West Virginia licensees and its authority
  • Provisions of the law related to licensee conduct, unique identifiers, license renewal, documentation of ability to repay and net tangible benefit
  • Rules related to permissible and prohibited fees and charges
  • Recordkeeping requirements for licensees
  • Provisions of the West Virginia Good Funds Settlement Act
  • Prohibited conduct under the West Virginia SAFE Act and the Residential Mortgage Lender, Broker and Servicer Act
  • Disciplinary actions that could result from non-compliance with the law

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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