LATE CE 1 Hour RI SAFE: RI Required Topics and Mortgage Fraud (16985)
Description
In this course, we will be discussing all the topics required by the Rhode Island Department of Business Regulation and then switching gears in Chapter 2 to talk about wire fraud and the legislative updates that Rhode Island is putting into place to help stop it.
NMLS Provider ID #1400062
Late CE 1 Hour RI SAFE Course ID #
$25.98
Course Objectives
By the end of this course, learners will be able to:
- Review of Rhode Island Home Loan Protection Act, with an emphasis on RI Gen L § 34-37-4 Unlawful housing practices
- Overview of community obligations and banking offenses as it relates to title attorneys and title insurance, and mortgages of real property
- Review case study regarding mortgage fraud in Rhode Island
- Redefine residential mortgage fraud and understand the penalties for it
- Examine mortgage wire fraud that is impacting the mortgage industry and home buyers
- Review of legislative changes and requirement for short-term rental property starting in 2023 and how it helps to eliminate occupancy fraud
