The February 2022 DFPI Bulletin focuses on a fraudulent scheme targeting the elderly, a joint action toward MLO education, and annual reports due, among other topics.
DFPI Bulletin Digest: February 2022
read more
Implicit Bias, Office Management & Supervision, Agency, Fair Housing, Trust Funds, Ethics and Risk Management
Cap off your license renewal with this one-stop interdisciplinary volume included with your renewal course. Stay current on the latest news, videos, forms, and updates for Implicit Bias, Office Management & Supervision, Agency, Fair Housing, Trust Funds, Ethics and Risk Management.
Recent updates to the course e-book
05/25: The 2025 rules for buyer representation and fee-splitting avoidance have been edited into this e-book.
Newly published related content
Mortgage Concepts: Common mortgage fraud schemes, Part 1
This video discusses common mortgage fraud schemes mortgage loan originators are likely to encounter in their business.
MLO Mentor: The Equal Credit Opportunity Act
MLO Mentor is an ongoing series covering compliance best practices for mortgage loan originators (MLOs). This article discusses the Equal Credit Opportunity Act (ECOA). Enroll in firsttuesday’s 8-Hour NMLS CE to renew your California MLO license and learn more about...
DRE Hot Seat: Unlicensed assistants need adequate supervision
This article is part of an ongoing series covering violations of real estate law. Here, the Department of Real Estate (DRE) revoked the California real estate license of a broker who failed to adequately supervise and review transaction files, and unlawfully employed and compensated an unlicensed employee for performing acts requiring a real estate license.
When may an appraiser trainee inspect independently?
The law is not clear cut, but the Bureau of Real Estate Appraisers (BREA) clarified the answer in their Fall-Winter 2021 newsletter.
MLO Mentor: The HECM reverse mortgage
This article discusses the facts and features of reverse mortgages.
DRE requests public comment on anti-discrimination updates to real estate law
2021’s flurry of new anti-discrimination laws has left the California Department of Real Estate (DRE) scrambling to catch up.
MLO Mentor: Different types of ARMs
This article reviews the different types and features of adjustable-rate mortgages (ARMs).
Form-of-the-Week: Employment Agreements — For Transaction Coordinator and Office Manager — Forms 507 and 510
An employing broker uses RPI Forms 507 and 510 when employing a transaction coordinator or an office manager to assist the broker in reviewing documents and maintaining files.