8 Hours of 2019 Massachusetts MLO Continuing Education
Complete 8-hour package for MA MLO licensees. Includes the 1-hour state specific requirement.
Video segments highlight important points
Download and print your own certificate.
Includes PDF/EPUB eBook of all reading material for your tablet or Kindle.
This package of courses includes the required continuing education necessary to renew a mortgage loan originator's license in the Commonwealth of Massachusetts. The Massachusetts Division of Banks (DOB) requires licensees to take a total of 8 hours of continuing education each year: 7 hours in SAFE Act required topics, and 1 hour in MA-specific laws and regulations.
1 Hour MA SAFE: Massachusetts Mortgage Lending Laws (NMLS ID 10737) - This five-module course starts out with an overview of the DOB. We'll then cover the licensing of MLOs, mortgage brokers, and mortgage lenders. Prohibited acts and practices will be explained, followed by a description of the restrictions in place to protect Massachusetts consumers who are facing mortgage loan foreclosure. Please review the Course Syllabus for more details about this course.
7 Hour SAFE Core: 2019 Originator Fundamentals (NMLS ID 10691) - This course covers the required topics as mandated by the federal SAFE Act for annual NMLS mortgage license renewal. The topics in this course are the TILA/RESPA Integrated Disclosure, RESPA Section 8 and Marketing Service Agreements, and ECOA [3 hours federal law]; Identity Theft Rules, Telemarketing Sales Rules, and SARS [2 hours ethics]; and the VA home loan guarantee [2 hours mortgage loans]. Please review the Course Syllabus for more details about this course.
+ $12.00 NMLS Credit Banking Fee
|Category:||Mortgage > Continuing Education > Massachusetts|
|Purpose:||Complete 8-hour package for MA MLO licensees. Includes the 1-hour state specific requirement.|
|Features:||online video, 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.