This Course Includes:
- Late CE – 1 Hour Online NM SAFE CE – New Mexico Home Loan Protection (6065) (6575) – E
This course satisfies the state-specific continuing education requirement for New Mexico Licensed Mortgage Loan Originators (MLOs). During this 1 hour course, we will provide an overview of the laws and regulations the New Mexico Mortgage Professional must know and abide by. The course is divided into four sections:
Section 1: Regulatory Agencies and Applicable Laws – Outlines the form and function of the State Regulatory agencies and summarizes key applicable laws and regulations.
Section 2: License Maintenance – Discusses the newest state requirements for licensing renewal and includes license maintenance standards and the license revocation and disciplinary action process.
Section 3: Prohibited Conduct – An overview of the general state rules mortgage brokers must be aware of in any origination.
Section 4: Mandatory Conduct – Describes both generic required rules of conduct as well as rules specific to fees, disclosures and advertising
Upon successful completion of this course you will have a basic understanding of what New Mexico requires of all state-licensed Mortgage Loan Originators in order to continue operating within the state. Additionally, you will understand the process of appeals and disciplinary action if there are any challenges