This Course Includes:
- Late CE – 2 Hour Online OR SAFE CE – Oregon Law – Key Topics (6086) (6578) – E
This 2-hour course covers Oregon law and regulations pertaining to mortgage lending, loan servicing and loan brokering, in addition to rules regarding high-cost home loans. The following laws will be covered in the course:
The course is divided into five sections:
Section 1: Overview and Definitions. Outlines the purpose and authority of each law and sets forth definitions used throughout both laws.
Section 2: License Maintenance. Covers the Oregon Mortgage Lending Law, Oregon SAFE Act and Oregon Real Estate Law regarding requirements for renewing and maintaining licenses.
Section 3: Acts and Practices. Covers permissible and prohibited acts and practices with respect to lending and broker activity and usury statutes and guidelines for Clients’ Trust Accounts.
Section 4: Compliance and Consumer Protection. Covers permissible and prohibited fees and charges, disclosures and agreements, advertising and consumer protection requirements.
Section 5: Disciplinary Action. Covers notifications and investigations actions, suspension / revocation of licenses, penalties and fines, and civil and criminal liabilities.
Upon successful completion of this course you will have a strong understanding of the laws and regulations specific to mortgage loan originators and lenders in the state of Oregon.