CATEGORY: 2022 Late CE Courses (Not Ready for Sale)

Late CE 2 Hour OR SAFE: Oregon State Law Continuing Education (12577) (#13495)

Course Access: Lifetime
Course Overview

Late CE 2 Hour Oregon SAFE: Oregon State Law Continuing Education (12577) [NMLS #13495]

Course Format: Online / Self-Paced
Credit Hours: Late 2 Hour CE
NMLS Approval #13495


Late CE is for MLO’s looking to make-up CE hours for from
2010 – 2021. As a licensed MLO the SAFE ACT requires licensed MLO’s to take
annual continuing education and when an MLO fails to do so, MLO’s must take a
SAFE late CE course approved by the NMLS. Usually, this is an MLO who is
returning to the business as a licensed MLO where the application process for a
license requires you to satisfy any CE deficiencies for the last year you were
licensed.

Late CE courses are configured such that upon completion,
course credit will be retroactively applied to 2021, 2020, 2019, 2018, 2017,
2016, 2015, 2014, 2013, 2012, 2011 or 2010, depending on the needs of the particular
MLO.

The content for this course is the same as course ID 12577 and is intended to
satisfy CE requirements for 2010-2021. MLOs who take this course are prohibited
from taking Course ID 12577
in 2022.

This late continuing education elective course is approved by the Nationwide Mortgage Licensing System (NMLS) (#13495) and meets Oregon’s requirement for two (2) hours of Oregon-specific education.  Licensees must complete a minimum of ten (10) hours of certified continuing education (CE) in order to renew licenses. The education must include at least:

    • Three (3) hours of federal law and regulations;
    • Two (2) hours of ethics which includes fraud, consumer protection, and fair lending issues;
    • Two (2) hours of non-traditional lending;
    •  Two (2) hours of Oregon-specific education.

This Oregon 2HR CE course meets Oregon’s requirement for 2 hours of instruction on Oregon-defined electives and will cover such topics as residential mortgage loans, advertising, disclosures, escrow accounts, prohibited acts and more.