CA-SAFE_Supplement_121014

MSL-Final

CADBO_SAFE_20Hour_Syllabus_01.21.14

Thursday May 28th-Wednesday June 3rd 2015

7901 Stoneridge Dr, #150

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Description:

20 Hour CA-DBO Pre-Licensing Class for Mortgage Loan originators. Class ID #5154

Three – day class offered in Pleasanton

Dates: May 28, June 1, June 3

Time: 9:00-5:00

This course covers topics required by the SAFE Act: Federal lending legislation (3 hrs), ethics (3 hrs), and nontraditional mortgage products (2 hrs). Also included are 10 hours of electives on key concepts, including federal regulations, privacy protection, consumer I.D., and predatory lending protection laws; government loan programs; the SAFE Act; and financial calculations. The California specific material (2 hrs) was designed to cover the California Residential Mortgage Lending Act (CRMLA) regulations that set forth the requirements for obtaining and renewing a license as a lender, a servicer, or both. Reviewing the administrative powers of the commission to issue or deny a license and assess fees; as well as disciplinary actions the commissioner can take for non-compliance with the law. Provides a description of the responsibilities of Department of Business Oversight in regulating the mortgage lending industry as well as the general provisions of the California Finance Lenders Law and applicable sections of the California Code of Regulations.

General Admission is $399.00 which includes, Textbook, Online access to Test Preparation questions, and the NMLS credit banking fee.

Cost is $375.00 if you register and pay before January 30th

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