Late CE: 2 Hour SAFE Fair Lending Requirements of the Home Mortgage Disclosure Act (6624)

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$64.00
2 Credit Hours

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The content for this course is the same as course ID 6624 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 6624 in 2018.The Home Mortgage Disclosure Act (HMDA) uses data collection and analysis to determine whether lending institutions are fairly distributing credit among different communities and offering borrowing opportunities to all creditworthy consumers. HMDA is exclusively a data collection law founded on recognition of the need to make credit available to low-income and minority communities that have declined due to historic patterns of unfair lending practices. This course will explore HMDA

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