LATE CE 1 Hour MO SAFE: Required Compliance and Missouri Law OSS (16965)
Description
This course will fulfill one hour of state-specific continuing education required to renew a Mortgage Loan Originator license. We will cover everything from licensing to compliance then onto state-specific laws per the state of Missouri’s CE State Specific Education Outline.
NMLS Provider ID #1400062
Late CE 1 Hour MO SAFE Course ID #
$25.98
Course Objectives
By the end of this course, learners will be able to:
- Identify the role and authority of the Missouri Division of Finance
- Discuss the Missouri mortgage licensing renewal requirements
- Know the requirements associated with the Loan Brokerage Disclosure Statement & Fee Agreement, and recognize it needs to be provided regardless of broker or lender status of the originator.
- Understand the requirements for proper advertising standards in all forms. Apply the standards to advertising with social media & independent MLO webpages.
- Apply the standards to advertising with social media & independent mortgage professional webpages
- Describe Missouri SAFE Act Violations and Penalties
- Examine the Missouri Reverse Mortgage Act
- Discuss the difference between a HECM and proprietary reverse mortgages
- Report on current reverse mortgage scams
- Summarize Missouri’s second mortgage loan requirements
