The content for this course is the same as course ID 7447 and is intended to satisfy CE requirements for 2018 or the last year a mortgage loan originator held an active license. Mortgage loan originators who take this Late CE course are prohibited from taking course ID 7447 in 2019.This course will focus on the laws and rules that regulate mortgage loan originators doing business in Massachusetts. In Module 1, students will examine the authority of the Massachusetts Division of Banks and important definitions under the law. Students will also review required conduct for mortgage licensees, including duties related to notification requirements, as well as provisions of the law related to disclosures and advertising. In Module 2, students will review prohibited practices for licensees and disciplinary action which may be taken when a licensee violates the law.This course satisfies the one-hour Massachusetts-specific continuing education requirement for loan originators, as specified by Massachusetts law. In addition to one hour of Massachusetts-specific education, annual S.A.F.E. Act continuing education requirements include three hours of federal law, two hours of ethics, and two hours of nontraditional mortgage lending.