3 Hour Massachusetts SAFE: State Law PE
Approved Course Number - 12711 Course Cost $65.00 + Banking Fees at $1.50/Course Hour = $69.50 This online course is designed to meet your Pre-licensing education requirements in the state of which you have chosen. You may also need to complete the federal 20-hour SAFE Act requirement to gain your license. 3-Hour MA PE Online This year The Knowledge Coop will walk you through an overview of NMLS-approved topics but, of course, we take a fresh and investigative approach to the information. In this class you will learn about: - Identify and describe the unique Massachusetts laws, to include: - Describe the MLO licensing standards set forth in c. 255F, section 4(a)(ii)(c) regarding certain misdemeanor convictions. - Explain the reverse mortgage program requirements set forth in MGL c. 167E Sections 7 & 7A (applicable to mortgage companies pursuant to MGL c. 183, section 67) - Know the late fees as described in MGL c. 183, section 59 Required Topics: • Licensing of Mortgage Loan O