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LATE CE 1 Hour ID SAFE: Law-Financial Fraud and Down Payment Assistance OSS (16988)

Description

This course is broken up into two different chapters. In our first chapter, we will be discussing the Idaho Financial Fraud Act. In our second chapter, we will go over the Affordable Housing Crisis and what programs are available to borrowers.

NMLS Provider ID #1400062
Late CE 1 Hour SC-DCA SAFE Course ID #

$25.98

Course Objectives

By the end of this course, learners will be able to:

  • Redefine the term financial fraud
  • Restate the potential administrative, civil and criminal liability associated with being a mortgage professional
  • Deconstruct a case study and understand what they did wrong
  • Review the Fraud Statistics Report
  • Describe the renewal requirements in Idaho
  • Restate what affordable housing is and the four factors causing an affordable housing crisis in the US
  • Understand the basic requirements for the Idaho Down Payment assistance program.
  • Describe the options available through Fannie Mae and Freddie Mac for low-to-moderate-income borrowers
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