1 Hour NM SAFE: New Mexico Mortgage Law Updates

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1 Credit Hour


This course will focus on the laws and rules that regulate mortgage loan originators and mortgage loan companies doing business in New Mexico. Throughout this course, students will review fictionalized scenarios based on real regulatory decisions made by the Financial Institutions Division in recent months, paired with a discussion of the relevant sections of New Mexico law and regulations. In Module 1, students will review standards for obtaining and maintaining a license, fiduciary responsibility, disclosures, and recordkeeping. In Module 2, students will look at prohibited conduct for licensees, as well as disciplinary action that may be taken when violations of the law occur.

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