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Late Continuing Education Online Self-Paced Video

Late CE: 3 Hour NY SAFE: A Guide to New York Mortgage Law Video CE (11814) (Online)

About this Course

This course will focus on the laws and rules that regulate mortgage loan originators and mortgage loan companies doing business in New York. Throughout this course, students will review fictionalized scenarios based on real regulatory decisions made by the Department of Financial Services in recent months, paired with a discussion of the relevant sections of New York law and regulations. This course satisfies the three hour New York specific continuing education requirement for loan originators, as specified by New York law. The content for this course is the same as course ID 11814 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.
$74.00
SKU 4303NY21610A00
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  • 24/7 access to your course online
  • Certificate of Completion

What You'll Learn

  • Standards for obtaining and maintaining licensure in New York
  • Required conduct for mortgage licensees, including required disclosures and limitations on fees and charges
  • Provisions under the law for originating reverse mortgages and high-cost mortgage loans
  • Junior liens as they are defined under the law
  • Prohibited conduct and practices for mortgage licensees in New York
  • Standards and procedures for examinations and investigations
  • Consequences that may result from violating 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

FAQs

Have a question?  Check out our Frequently Asked Questions

NMLS APPROVED ID 12485