|This course includes the following:|
1 Hour Online SAFE CE MD
This course satisfies the state-specific continuing education requirement for Maryland Licensed Mortgage Loan Originators (MLOs). During this 1-hour course, we will provide an overview of the laws and regulations the Maryland Mortgage Professional must know and abide by.
The course is divided into four sections:
Section 1: Regulatory Agencies – Outlines the form and function of the State Regulatory agencies and summarizes key applicable laws and regulations.
Section 2: Prohibited Conduct – An overview of the general rules of prohibited conduct MLOs must be aware of in any origination, taken directly from the regulations and are fairly straightforward. When appropriate, some general industry background is included to provide context.
Section 3: Required Conduct – Describes the actions you are required to take. Most are covered indirectly in prohibited conduct, but there are more specifications in the required conduct rules.
Section 4: Fees and Charges – An overview of the general state rules mortgage brokers must be aware of in any origination.
Section 5: Disclosures, Agreements and Advertising – Covers disclosures and agreements that must be provided to the borrower, as well as what each MLO is responsible in distributing advertising material that accurate, reliable, and in compliance with the state law.
Upon successful completion of this course you will have a basic understanding of what Maryland requires of all state-licensed Mortgage Loan Originators in order to continue operating within the state. Additionally, you will understand the process of appeals and disciplinary action if there are any challenges to your license renewal.
1 Hour Online SAFE CE MD – Maryland Mortgage Professional’s Rulebook