This Course Includes:
- Late CE – 1 Hour Online DC SAFE CE – District of Columbia Law – Key Topics (2238) (6566) – E
This course satisfies the state-specific continuing education requirement for Washington DC Licensed Mortgage Loan Originators (MLOs). During this 1 hour course, we will provide an overview of the laws and regulations the DC Mortgage Professional must know and abide by.
The course is divided into three sections:
Section 1: Overview and Definitions – This section will familiarize the Mortgage Loan Originator with the definitions as they apply to the Home Loan Protection Act.
Section 2: Prohibited Practices – This section will make the Mortgage Loan Originator familiar with the acts that are prohibited in the practice of mortgage originations, including unfair steering and charges in bad faith among other prohibitions
Section 3: Violations, Remedies and Enforcement – When this section is completed the Mortgage Loan Originator will be aware of the liability they have regarding non-compliance with the Home Loan Protection Act. This section will also cover the rulemaking authority that is applicable under the Home Loan Protection Act.
Upon successful completion of this course you will have a basic understanding of the Home Loan Protection Act as it pertains to the mortgage industry. Changes to the law will be covered to update you to ensure compliance with the Act.