2 Hour NJ Mortgage Law Update 2015 Syllabus
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Transcript of 2 Hour NJ Mortgage Law Update 2015 Syllabus
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2 Hour NJ SAFE Mortgage Law Update 2015 SAFE CE
Course Syllabus
Welcome to our New Jersey SAFE CE State Law Course. We are excited to assist you in
furthering your mortgage career and are pleased you chose Praedo Institute to satisfy your
education requirements.
Course Purpose
This course is meant to satisfy the two hour New Jersey specific education requirement for New
Jersey mortgage loan originator continuing education.
Course Description
This course consists of two chapters which review New Jersey's mortgage laws and the
corresponding state rules.
Course Dates and Times
This course is offered for the 2015 license renewal period. In order to ensure proper reporting
to NMLS before all mortgage loan originator licenses expire on December 31, 2015, this course
must be completed by December 21, 2015.
Course Objectives
Upon completing this course, you should be able to do the following:
Understand the scope and applicability of New Jersey mortgage laws and rules; Comply with the requirements for licensees under the applicable laws and rules; and Protect the public by following the requirements set forth in the rules and laws.
Grading Policy
The course consists of slides mixed with comprehension questions. Each chapter includes a
chapter quiz. At the end of the final chapter, you will be required to take and pass a final exam.
This course is timed as a two hour course. You must answer all of the comprehension questions
correctly and score 80 percent on all quizzes and tests to receive credit for the course. You may
retake course quiz questions until you pass, but you are allowed only 10 retakes of the course
final.
Course Policies
Each student is required to submit an Identity Affidavit. By confirming the attestation, the
student certifies that the course work was or will be completed by the person for whom the
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certificate will be issued. The student further certifies that they did not or will not receive any
assistance in completing the course. The submission of a completion certificate for a course
they did not complete themselves may constitute fraud on the students part and is subject to
prosecution and/or discipline.
Technical Support
As our course is entirely online, we do offer live technical support via telephone, email, and
chat from 8:30am to 5:00pm Mountain Time on regular business days. After hours, holiday,
and weekend support is available 365 days a year via email from 9:00am to 10:00pm Mountain
Time. Our mailing address is 42 North, 200 East, Ste. 3, American Fork, UT 84003. Our
telephone number is 801-492-9933 and our support email is [email protected].
Using our System
Once you purchase the course and are logged into our system, you should see a link to the
course on your home page. This link will launch the course. Please carefully review the
introduction module for instructions on using our online system.
Course Outline
This course consists of two chapters, each covering different aspects of New Jersey mortgage
law.
NJ SAFE CE 2015
Introduction: This module will introduce you to our system. Adherence to the advice and
instructions offered in this module will greatly improve your online education experience.
NJ Mortgage Law Update 2015 Chapter 1: Chapter One contains an overview of NJ acts and
state code. It consists of the following sections:
Overview of Acts and State code
Definitions and Explanations
Licensing Requirements
License Regulations
Insurance Requirements for Borrowers
Records
Examinations
Permitted Fees
NJ Mortgage Law Update 2015 Chapter 2: Chapter Two covers prohibited practices. It consists
of the following sections:
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Prohibited Practices
Prohibited Wording
Prohibited Acts with Secondary Mortgages
Investigations
Applicability
Application Process
Case Study
Course Final: 15 question final covering all of the material discussed in the course.
Course Evaluation: Students will be allowed to give feedback regarding the course.
Course Schedule
This course consists of the two chapters outlined below. The requirements for each chapter are
listed with the approximate time needed to complete each learning module. This course meets
the minimum time requirement of 50 seat minutes for each clock hour the course is approved.
This course is approved as a two hour course and must be completed in its entirety in order for
you to receive credit.
Good Luck
Once again, thank you for choosing Praedo Institute. Your success is extremely important to us.
Please let us know if we can be of assistance at any time. Enjoy the course!
Course Outline and Schedule
Module Reading Assignments Due Instruction Time
Allocation (Minutes)
Introduction Course Introduction Quiz Question 5
Chapter 1 Overview of Acts and
State Code Quiz Question 4
Chapter 1 Definitions and
Explanations Quiz Questions 9
Chapter 1 Licensing Requirements Quiz Question 4
Chapter 1 License Regulations Quiz Question 3
Chapter 1 Insurance Requirements
for Borrowers Quiz Question 3
Chapter 1 Records Quiz Question 3
Chapter 1 Examinations Quiz Question 4
Chapter 1 Permitted Fees Quiz Question 4
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Chapter 2 Prohibited Practices Quiz Questions 12
Chapter 2 Prohibited Wording Quiz Questions 10
Chapter 2 Prohibited Acts with
Secondary Mortgages Quiz Questions 4
Chapter 2 Investigations Quiz Question 5
Chapter 2 Applicability Quiz Question 3
Chapter 2 Application Process Quiz Question 5
Chapter 2 Case Study Quiz Question 6
Course Final N/A End of Course Final 15
Course Evaluation N/A Student Feedback 5
Total Course Time (Minutes) 104