Designed for mortgage lenders in the state of Maryland who need to meet continuing education requirements, this course seeks to achieve an overview of ethics, new Maryland laws concerning mortgage lenders, and the multiple elements involved in fair lending with a focus on the real estate industry. This course explores fair lending issues in mortgage lending, including such topics as regulatory compliance laws, quality assistance dialogues, discrimination and diversity, product quotations and pre-qualification, understanding fine print, third party providers and tracking, credit approval and denial, loan closing, and HMDA-LAR. The course focuses on ethical decision making; additions and changes to the Maryland Mortgage Lender Law; the history and background of regulatory compliance laws; the roles of third party providers, settlement agents, and property appraisers; the process of loan disposition and settlement; and relevant Internet sources of information. This course fulfills the 20 hours of continuing education for mortgage lenders required by the Maryland Division of Financial Institutions.
  
NOTES:  This is a self-paced, self-study course. Enroll anytime and take up to 8 months to complete the course.