California Financial Code

§ 50142

FIN § 50142 Effective Jan 1, 2015Div. 20 · Ch. 3.5

Statute text

(a)An applicant for a mortgage loan originator license shall complete at least 20 hours of education approved in accordance with subdivision (b). The education shall include at least the following:

(1)Three hours of instruction on federal law and regulations.

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

…

Legislative history

Amended by Stats. 2014, Ch. 123, Sec. 4. (SB 1459) Effective January 1, 2015.