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

Late CE 3 Hour NY SAFE: New York State Law Continuing Education (12575) (#13493)

Course Access: Lifetime
Course Overview

Late CE 3 Hour New York SAFE: New York State Law Continuing Education (12575) [NMLS #13493]

Course Format: Online / Self-Paced
Credit Hours: Late 3 Hour CE
NMLS Approval #13493


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 12575 and is intended to
satisfy CE requirements for 2010-2021. MLOs who take this course are prohibited
from taking Course ID 12575
in 2022.  

This late continuing education elective course is approved by the Nationwide Mortgage Licensing System (NMLS) (#13493) and meets New York’s requirement for three (3) hours of New York-specific education.  Licensees must complete a minimum of  eleven (11) 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,
    • One (1) hour of additional hour of undefined education
    • Three (3) hours of New York-specific education.

This New York 3 Hour CE course meets New York’s requirement for 3 hours of New York-specific education and will focus on provisions of the New York Banking Law, MLO Standards and Prohibited Conduct, as well as Consumer Protection.