Late CE - 1 Hour NM SAFE CE - New Mexico State Law

Summary

THIS IS LATE CE. IT IS INTENDED TO SATISFY EDUCATION REQUIREMENTS FOR 2023 or EARLIER. THIS COURSE WILL NOT GIVE CREDIT FOR 2024.

This course satisfies the state-specific continuing education requirement for New Mexico Licensed Mortgage Loan Originators (MLOs). During this 1 hour course, we will provide an overview of the laws and regulations the New Mexico Mortgage Professional must know and abide by. The course is divided into four sections:

Section 1: Regulatory Agencies and Applicable Laws – Outlines the form and function of the State Regulatory agencies and summarizes key applicable laws and regulations.

Section 2: License Maintenance – Discusses the newest state requirements for licensing renewal and includes license maintenance standards and the license revocation and disciplinary action process.

Section 3: Prohibited Conduct – An overview of the general state rules mortgage brokers must be aware of in any origination.

Section 4: Mandatory Conduct – Describes both generic required rules of conduct as well as rules specific to fees, disclosures and advertising

Learning Objectives

Upon successful completion of this course you will have a basic understanding of what New Mexico requires of all state-licensed Mortgage Loan Originators in order to continue operating within the state.  Additionally, you will understand the process of appeals and disciplinary action if there are any challenges