1 Hour MD SAFE: Maryland Laws Affecting Mortgage Lending
1 hour state-specific online continuing education course for Maryland mortgage loan originators.
Download and print your own certificate.
Includes PDF/EPUB eBook of all reading material for your tablet or Kindle.
The Office of the Commissioner of Financial Regulations (the "Office") requires Maryland mortgage licensees to take a 1-hour course on Maryland-specific regulations as part of their annual continuing education requirement to maintain their license.
This 1-hour course will explain many of the Maryland state laws that are enforced by the Office and must be followed by those working in the lending industry.
The first module of this course will start by reviewing the state's usury laws, which limits the amount of interest that can be charged to a borrower.
We'll then review a variety of acts and regulations such as the Secondary Mortgage Loan Law (SMLL) and Maryland Mortgage Fraud Protection Act (MMFPA).
The third module will outline the mediation rules that must be followed for borrowers who are in default, and the last module will summarize mortgage contract rules.
Please review the Course Syllabus for details about this course.
This course satisfies 1 hour of required continuing education for Maryland licensed mortgage loan originators. This course is approved by the NMLS. A valid NMLS ID number is required to receive credit for this course. Certain states may have additional requirements beyond what this course provides. Be sure to check with your state to see if this course meets your needs.
This course is new for 2019 and meets the SAFE Act's "successive years" rule.9>
$19.50 (50% Discount)
+ $1.50 NMLS Credit Banking Fee
|Category:||Mortgage > Continuing Education > Maryland > CE Elective|
|Purpose:||1 hour state-specific online continuing education course for Maryland mortgage loan originators.|
|Features:||printable certificate, PDF eBook|
7405 SW Beveland Rd,
Portland, OR 97223
Purchase of this package requires that you read and acknowledge a Terms of Service agreement before receiving credit for any courses contained in this package. Please review the following:
To provide superior distance education that exceeds industry standards and expectations in course content and delivery methods to those who seek to enter a new profession and those engaged in a profession.