The content for this course is the same as course ID 6673 and is intended to satisfy CE requirements for 2017 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 6673 in 2018.This course will focus on the laws and rules that regulate mortgage loan originators doing business in New Jersey. In Module 1, students will examine the authority of the New Jersey Department of Banking and Insurance and important definitions under the law. Students will also review required conduct for mortgage licensees, including duties related to license names, qualified individuals, and notifications, as well as provisions of New Jersey law pertaining to advertising, fees, disclosures, and secondary mortgage loans. In Module 2, students will review prohibited practices for licensees under the Residential Mortgage Lending Act, as well as provisions of the Home Ownership Security Act. Students will also take a look at the Commissioner’s authority to conduct examinations of licensees and disciplinary action which may be taken when a licensee violates the law.This course satisfies the two-hour New Jersey-specific continuing education requirement for loan originators, as specified by New Jersey law. In addition to two hours of New Jersey-specific education, annual S.A.F.E. Act continuing education requirements include three hours of federal law, two hours of ethics, two hours of nontraditional mortgage lending, and three hours of elective education.