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Late Continuing Education Online Self-Paced

Late CE: 1 Hour SAFE Elective HMDA Changes and Fair Lending Implications (10137) (Online)

About this Course

The Home Mortgage Disclosure Act (HMDA) is a law that provides regulators and consumers with access to data that they can use to monitor the compliance of mortgage lenders with the Fair Housing Act and the Equal Credit Opportunity Act. The content for this course is the same as course ID 10137 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 10137 in 2020. This course satisfies one hour of elective education for loan originators.
$59.00
SKU 4303US20270A00
24/7 access to your course online
  • Certificate of completion
  • What You'll Learn

    History of the Home Mortgage Disclosure Act and the lending practices that led to its enactment The scope of HMDA, including financial institution data collection and reporting requirements Data categories which form HMDA's reporting requirements The role of loan originators in collecting demographic data Provisions of the law related to data submission and reporting

    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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