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TrainingPro

1 Hour MO SAFE_Mortgage Law and Order: Missouri Edition_Online Self Paced_Course Number 4297

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Overview / Abstract:

This course will focus on the laws and rules that regulate individual mortgage loan originators and mortgage loan brokers doing business in Missouri. The state’s licensing law for the regulation of these professionals is the Missouri Secure and Fair Enforcement for Mortgage Licensing Act (the Missouri S.A.F.E. Act). Other laws discussed in this course that are relevant to the mortgage lending activities of state-licensed mortgage professionals include the second mortgage lending law and the Reverse Mortgage Act.

In Module 1, students will spend 0.5 credit hours reviewing the provisions of the Missouri S.A.F.E. Act and accompanying regulations, including definitions and requirements to obtain an initial license as well as requirements related to maintaining a license.

In Module 2, students will continue to review the Missouri S.A.F.E. Act and will spend 0.25 credit hours reviewing prohibited and required conduct for licensees under the Act. Also, students will spend the remaining 0.25 credit hours reviewing the provisions of the Reverse Mortgage Act and the second mortgage lending statute.

Expiration

Sep 17, 2020

Discipline(s)

Mortgage Broker

Format

Online

Credits / Hours

1 Hour

Accreditation

NMLS

Keywords / Search Terms

TrainingPro

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