This late continuing education course will focus on the laws and rules that regulate mortgage agents, mortgage brokers, and mortgage bankers doing business in Nevada. 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 late continuing education requirements for qualified employees. In Module 1, course participants will review important definitions under the law, as well as requirements for licensees. In Module 2, course participants will examine prohibited conduct for licensees and the disciplinary action that may be taken when applicable laws and rules are violated.

This mortgage late continuing education course provides a review of relevant issues facing mortgage loan originators (MLOs) today. It is NMLS-approved for the eight hours of continuing education required for mortgage loan originators to renew their mortgage license.

The content for this course is the same as course ID 6691 and is intended to satisfy CE requirements for 2018 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 6691 in 2021. This course will focus on the laws and rules that regulate mortgage agents doing business in Nevada. In Module 1, students will examine the authority of the Nevada Division of Mortgage Lending and important definitions under the law. Students will also review required conduct for mortgage licensees, as well as provisions of Nevada law pertaining to fees, disclosures, and Chapter 645F licensees. In Module 2, students will review prohibited practices for licensees under the law and the legal implications of fraud. Students will also take a look at disciplinary action which may be taken when a licensee violates the law, including procedures for examinations and investigations performed by the Commissioner. This course satisfies the three-hour Nevada-specific late continuing education requirement for mortgage agents, as specified by Nevada law. In addition to three hours of Nevada-specific education, annual S.A.F.E. Act continuing education requirements include three hours of federal law, two hours of ethics, and two hours of nontraditional mortgage lending.