The content for this course is the same as course ID 7423 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 7423 in 2019.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. In addition to two hours of Oregon-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 one hour of elective education.