(Study Only) 1 Hour KY SAFE: Required Topics & Proper Advertising - OSS

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

• Know the limitations on total net income to the originating entity (KRS 286.8-125). 
• Articulate the duties required to be performed in the “mortgage lending process” as defined in KRS 286.8-010(14)
• Discuss the operations of mortgage brokers and companies
• Understand the state oversight of licensed entities, including examinations and investigations, and disciplinary actions.
• Understand the requirements for proper advertising standards. Express how all advertising, even in individual websites and social media, is required to note employer and include the proper NMLS numbers of both the MLO and employer.  
• Describe the requirements under federal law