California Business and Professions Code

§ 10166.06

BPC § 10166.06 Effective Jan 1, 2023Div. 4 · Part 1 · Ch. 3 · Art. 2.1

Statute text

(a)In addition to the requirements of Section 10153, an applicant for a license endorsement as a mortgage loan originator shall complete at least 20 hours of education courses, which shall include at least the following:

(1)Three hours of federal law and regulations.

(2)Three hours of ethics, which shall include instruction on fraud, consumer protection, and fair lending issues.

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Legislative history

Amended by Stats. 2022, Ch. 511, Sec. 61. (SB 1495) Effective January 1, 2023.