This MLO Mentor article outlines common money laundering practices and the programs that counter them.
MLO Mentor: Anti-Money Laundering
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VRC: Real Estate Made Reel™
California’s first DRE-approved video-based renewal course – the classic.
Newly published related content
Mortgage Concepts: What are the elements of a nontraditional mortgage risk?
Mortgage Concepts is a recurring video series covering best practices and compliance education for California mortgage loan originators. This video discusses the elements of a nontraditional mortgage risk. For course credit toward renewing your NMLS license, visit firsttuesday.us.
MLO Mentor: Red Flags Rule
This MLO Mentor guide helps you quickly identify suspicious activity as detailed under The Red Flags Rule. Enroll in firsttuesday’s 8-Hour NMLS CE to renew your California mortgage loan originator license and learn more about identity theft prevention in your practice.
Mortgage Concepts: Is my mortgage advertisement Reg N Compliant?
Mortgage Concepts is a recurring video series covering best practices and compliance education for California mortgage loan originators. This video discusses rules for mortgage advertisements under Regulation N and provides an example. For course credit toward renewing your NMLS license, visit firsttuesday.us.
DRE Hot Seat: Without active status, don’t practice
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 misrepresented the status of his license under another state agency.
Mortgage Concepts: Is my marketing call TCFAPA compliant?
Mortgage Concepts is a recurring video series covering best practices and compliance education for California mortgage loan originators. This video discusses the Telemarketing and Consumer Fraud and Abuse Prevention Act (TCFAPA) and how mortgage loan originators determine how to comply with telemarketing call rules. For course credit toward renewing your NMLS license, visit firsttuesday.us.
Mortgage Concepts: When is the credit exception notice used?
Mortgage Concepts is a recurring video series covering best practices and compliance education for California mortgage loan originators. This video discusses circumstances that require the issuances of the credit exception notice. For course credit toward renewing your NMLS license, visit firsttuesday.us.
Brokerage Reminder: Unlicensed assistants and finders – supervision required
Brokers who hire unlicensed assistants and finders need to continuously supervise their employees and adhere to Department of Real Estate (DRE) guidelines.
Freddie Mac study bares ugly truth of racial appraisal gap
Despite all efforts to make appraisals fair, equitable and based on facts, racial appraisal gaps persist — leading to a pervasive wealth gap.
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