1 Hour MA SAFE: Massachusetts Mortgage Lending Laws
1-hour Massachusetts state-specific course for licensed mortgage loan originators
Download and print your own certificate.
Includes PDF/EPUB eBook of all reading material for your tablet or Kindle.
The Massachusetts Division of Banks (DOB) requires mortgage licensees in this state to take a one-hour course on Massachusetts mortgage lending rules as part of the licensees' annual continuing education requirement for license renewal. This course covers five Massachusetts mortgage topics for licensee continuing education.
This five-module course begins with an overview of the structure and goals of the Division of Banks.
We'll then move onto module 2, covering mortgage loan originator licensing and explaining various prohibited acts that MLOs are not to do when originating residential mortgage loans.
Module 3 examines the licensing of mortgage bankers and mortgage lenders, and identifies the enforcement abilities of the Commissioner of the Division of Banks.
The fourth module summarizes the prohibited acts when dealing with high-cost mortgages and higher-priced mortgages within this state.
The last module outlines the lender's obligation when working with a borrower who is in default.
Please review the Course Syllabus for details about this course.
This course satisfies 1 hour of required continuing education for Massachusetts 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.
$19.50 (50% Discount)
+ $1.50 NMLS Credit Banking Fee
|Category:||Mortgage > Continuing Education > Massachusetts > CE Elective|
|Purpose:||1-hour Massachusetts state-specific course for licensed mortgage loan originators|
|Features:||printable certificate, PDF eBook|
7405 SW Beveland Rd,
Portland, OR 97223
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