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

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 support@praedo.com.

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:

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

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