1 Hour MO SAFE: Missouri Mortgage Law Updates

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1 Credit Hour


This course will focus on the laws and rules that regulate individual mortgage loan originators and mortgage loan brokers doing business in Missouri. 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 provisions of the Missouri S.A.F.E. Act and its accompanying regulations, including definitions and requirements to obtain an initial license, as well as requirements related to maintaining a license. In Module 2, students will look at prohibited and required conduct for licensees under the Act, as well as disciplinary action that may be taken when violations of the law occur. Students will spend the remaining time reviewing provisions of the Reverse Mortgage Act and the second mortgage lending statute.

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