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3 Hr CE: NY State Mortgage Law and Updates (10876)

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3 Hr CE: NY State Mortgage Law and Updates (10876)
$54.00

Availability: In stock

NMLS Approved Course #10876

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Continuing Education Requirements


Every state-licensed MLO (in any approved status) is required to complete at least 8 hours of NMLS approved education annually beginning the year they are licensed (unless PE was completed in the same year). Annual CE education must include:

  • 3 Hours of Federal Law
  • 2 Hours of Ethics (which shall include fraud, consumer protection, and fair lending issues)
  • 2 Hours of Non-Traditional Mortgage Lending
  • 1 Hour Elective
  • 3 Hours of NY-Specific Education

 

MLOs are advised that to comply with the SAFE Act’s “successive years” rule, they may not take the same CE course two years in a row. MLO’s are advised not to retake pre-licensure education (PE) unless directed to by a State Regulator. PE education does not count towards meeting annual CE requirements.

Number of hours is 3/2/2/1 + 3hr of NY law =11

 

Format & Technology Requirements

This course must be taken from a laptop or desktop computer. The use of tablets or computers is not permitted by the NMLS. 

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