2 Hour OR SAFE: A Fresh Look at Oregon Mortgage Law (OSP)

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$44.00
2 Credit Hours

Details

This course will focus on the laws and rules that regulate mortgage loan originators, bankers, and brokers doing business in Oregon. 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 important definitions under the law, the authority of the Department of Consumer and Business Services and its Division of Finance and Corporate Securities, information about licensing procedures, and required conduct for licensees. Students will also review provisions of the law related to disclosures and advertising. In Module 2, students will examine prohibited practices for licensees, as well as the disciplinary action that may be taken when licensees violate the law. Additionally, students will review mortgages and trust deeds and the Unlawful Trade Practices Act.This course satisfies the two-hour Oregon-specific continuing education requirement for loan originators, as specified by Oregon law.

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