OnlineEd is awarded dual California BRE and NMLS approval for its new 2015 NMLS continuing education course
(Jeff Sorg, OnlineEd) – OnlineEd today received California Bureau of Real Estate (BRE) approval for its all-new-for-2015 NMLS approved continuing education course. This makes the course offering available for 8 hours or NMLS license renewal AND 8 hours of BRE real estate license renewal education in the topic of consumer protection.
The first courses module is a discussion on the new TILA/RESPA Integrated Disclosure rule (TRID) to be implemented October 3, 2015 (previously August 1, 2015). The second course module is an outline of federal fair housing laws that every mortgage loan originator must comply with, including prohibited practices and the rules for the extension of credit. Also included are fair housing violation case studies, along with the implemented punishment against the offender. The third module of this course is an overview of the Fannie Mae HomeStyle® Renovation home loan, which is similar to the FHA 203(k) renovation loan program, but has some noteworthy differences. The final course module is a review of mortgage advertising rules, incluting CFPB 19 MAP rules in Regulation N.
For more information about OnlineEd and their education for real estate brokers, principal brokers, property managers, and mortgage brokers, visit www.OnlineEd.com.
This article was published on June 24, 2015. All information contained in this posting is deemed correct and current as of this date, but is not guaranteed by the author and may have been obtained by third-party sources. Due to the fluid nature of the subject matter, regulations, requirements and laws, prices and all other information may or may not be correct in the future and should be verified if cited, shared or otherwise republished.
Jeff Sorg is a co-founder of OnlineEd®, an online real estate, mortgage broker, and vocational school founded in 1997, where he also serves as Chief Executive Officer, and School Director. Sorg holds vocational and post-secondary school instructor licenses in several states and has authored numerous real estate continuing education and pre-licensing courses and has been awarded the International Distance Education Certification Center’s CDEi Designation for distance education. Memberships include ARELLO (Association of Real Estate License Law Officials), the National Association of REALTORS®, Oregon Association of REALTORS®, and Portland Metro Association of REALTORS®. Awards and service include REALTOR® Emeritus in the National Association, Life Member award in Portland Metro Association and Chairperson of the Oregon Real Estate Forms Committee.
OnlineEd® provides real estate, mortgage broker, insurance, and contractor pre-license, post-license, continuing education, career enhancement, and professional development and designation courses over the Internet.