The content for this course is the same as course ID 7417 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 7417 in 2019.Clear communication between a mortgage professional and a client is imperative to ensuring the success of a loan transaction. Throughout the mortgage loan process, many events trigger the requirement to disclose information to the client. Changes in information can also demand the disclosure – and at times, even re-disclosure – of information. As a result, it is vital that mortgage professionals are aware of the many disclosure rules with which they must comply, and of the timelines that apply for delivery. Late, incomplete, or inaccurate disclosures can be catastrophic for a single transaction and for the general public’s trust in the mortgage industry. This course will review the numerous federal laws that impose disclosure obligations on mortgage loan transactions and their requirements, including those for contents, delivery, corrections, and more.This course satisfies two hours of elective education for loan originators. 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.