3 Hour NY SAFE: 2020 NY State Licensing Requirements #11891

This course meets SAFE Act continuing education requirements for licensed entities through review and analysis of state licensing and advertising requirements by listing requirements for advertising and determining what is fair and reasonable. Also covered are the general restrictions and requirements for mortgage loan applications. Fraud in mortgage origination and its implications are discussed as well as red flags for mortgage fraud found during underwriting. We review pre-application and disclosure requirements as well as explain servicing, pre-foreclosure, and foreclosure requirements under New York law.

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Please note that the SAFE Act specifically prohibits the taking of the same course in successive years.

Agenda

Upon completion of this course, you will be able to:

  • List the New York requirements for a mortgage advertisement
  • Determine when advertising content is fair and reasonable
  • Recognize the general restrictions and requirements for mortgage loan applications
  • Identify origination mortgage fraud and its implications in New York
  • Recognize the pre-application and disclosure requirements
  • Identify red flags for mortgage fraud found during underwriting
  • Explain servicing requirements under New York law
  • List requirements for pre-foreclosure and foreclosure

Download Agenda

Delivery 

Each self-paced, self-study course examines a particular topic, allowing students to hone in on a focused set of learning concepts. Each course is designed with learning objectives, comprehensive course materials, learning reinforcement activities that appeal to various learning styles and real-world examples, with audio and/or video recordings of industry experts.

The final exam is completed online with instant grading, and you can download your industry-recognized certificate of completion after you successfully pass the course. This course will take no less than one hour to complete.

Tuition and Registration 

Tuition for this course is $125.00 and includes the Credit Banking and Admin Fee applicable to this course.

Students have until December 31 in the year in which the course is purchased to complete the course.

You may complete the course at any time during this period. However, course providers are afforded seven calendar days to credit the student’s NMLS account following successful completion of the course. It is strongly advised that you complete the course at least one week prior to the December 31 deadline.

NOTE: The SAFE Act specifically prohibits the taking of the same course in successive years.

For more information or to register by phone, call your Regional Account Executive at (800) 848-4904 or visit http://elliemae.com/allregs.