The Ultimate Education Experience
HOME arrow COURSE CATALOG arrow MORTGAGE arrow MISSISSIPPI arrow Live - 4-Hour MS State Law (Pre-Licensing Elective)

Live - 4-Hour MS State Law (Pre-Licensing Elective) 
Price: $135.00

 

Availability

In Stock

  

4 HOUR MS STATE LAW (PRE-LICENSING ELECTIVE)

In order to meet the pre-licensing education requirement for Mississippi a person shall complete at least twenty (20) hours of NMLS approved education, which shall include at least:

  • Three (3) hours of federal law and regulations;
  • Three (3) hours of ethics, which shall include instruction on fraud, consumer protection and fair lending issues;
  • Two (2) hours of training related to lending standards for the nontraditional mortgage product marketplace; and
  • Four (4) hours of education related to the Mississippi S.A.F.E. Mortgage Licensing Act of 2009.

The 4-Hour MS State Law pre-licensing elective course has been approved by NMLSR and meets the four (4) hours of Mississippi SAFE Mortgage Licensing Act of 2009 content portion of the required twenty (20) hours of NMLSR approved education. This course will prepare the licensee to sit for the Mississippi state component portion of the required exams.

This 4 Hour MS State Law course covers in detail the following content:

Mississippi Mortgage Consumer Protection Law

  • Senate Bill 2983
    • Actions of Senate Bill 2983
    • Definitions
    • Exempt Entities
    • Requirements for License
    • License Application Requirements
    • Surety Bond Requirements, NMLS and Background Check
    • Prelicensing Education and Testing
    • Renewal and CE
    • Posting of License and Office Requirements/Principal Locations and Display of License
    • Acquiring Part or All of a Licensee
    • Document Retention
    • Filing a Written Report of Condition
    • Advertising Requirements
    • Required Borrower File Retention
    • Revocation or Suspension of License
    • Penalties and Actions of the Commissioner
    • Confidentiality and Sharing of Information
    • Sellers of MFG Homes Must Comply

Mississippi 2010 NMLS Renewal Requirements

  • Renewal Requirement
  • Attestation
  • Renewal Submissions
  • Fees
  • Documents to be provided to DBCG

Business Develop.