Continuing Education Classroom

2 Hour NJ SAFE: New Jersey Mortgage Law Updates (Live)

About This Course

State 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 doing business in New Jersey. 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 Department of Banking and Insurance. This New Jersey state elective is NMLS-approved for the two hours of state specific education required for mortgage loan originators to renew their New Jersey mortgage license.

$79.00

SKU 4303NJ19500B00

What You'll Learn

  • Minimum requirements for mortgage licensees to obtain and maintain licensure
  • Required licensee conduct regarding recordkeeping, reporting, advertising, disclosures, and fees and charges
  • Unique provisions of the law related to secondary mortgage loan transactions
  • Prohibited practices for mortgage licensees in New Jersey
  • Prohibitions connected to secondary mortgage loans and high-cost home loans
  • Disciplinary consequences that result from failure to comply with the law

How it Works

This course is delivered in a face to face format in which the student and instructor will occupy and interact in the same physical location. All materials for your NMLS-approved Live CE Courses will be handed to you on the scheduled day of class. Materials will include textbook(s), assessment(s), syllabi, Rules of Conduct (ROC) and a survey. At the beginning of class you will need to provide a valid photo ID during the time of registration in order to attend class. For all Live CE courses, you must be present and attentive for the full length of class. If you are unable to complete any section of the class, you will be required to reschedule. Any missed check-in will prevent you from receiving credit, and you will be required to reschedule. Before you are able to receive credit, you must also initial on the roster that you have read and understand the Rules of Conduct Document (ROC), which will be made available to you when you arrive to the class.

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