This Course Includes:
- Late CE – 1 Hour Online CT SAFE CE – Connecticut Law – Key Topics (6053) (6565) – E
This coursesatisfies the 1-Hour Connecticut State Law component of the 8-hour continuing education Connecticut Department of Banking license renewal requirement. The coursecovers the Connecticut Abusive Home Loan Lending Practices Act, Other Mortgage and Loan Practices and General Mortgage Statutes.
The topics included in this course are:
- CT Abusive Home Loan Lending Practices Act. Reviews definitions, required disclosures and prohibited acts when making a high costhome loan.
- Other Mortgage and Loan Practices. Outlines required conduct for brokers, as well as guidelines for non prime home loans.
- General Mortgage Statutes. Reviews definitions, required conduct, licensing requirements and prohibited acts for mortgage lenders, brokers and MLOs.
Understand general terminology regarding residential mortgage loans.