1 Hour CO SAFE: A Fresh Look at Colorado Mortgage Law (OSP)

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$39.00
1 Credit Hour

Details

This course will focus on the laws and rules that regulate mortgage loan originators doing business in Colorado. The topics included in this course are presented according to those outlined by the state as subjects that must be included in order to satisfy the continuing education requirements for mortgage loan originators. In Module 1, students will review newly adopted Colorado regulations and requirements for disclosing dual status. Additionally, students will review rules pertaining to a loan originator’s duty of good faith and the requirement to ensure a tangible net benefit exists for the borrower. In Module 2, students will look at provisions of the law related to loan modification and lock-in procedures, specifically required disclosures. Finally, students will review advertising rules under Colorado law.This course satisfies the one-hour Colorado-specific continuing education requirement for loan originators, as specified by Colorado law.

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