1 Hour NM SAFE Mortgage Law Update 2016 SAFE CE

Course Syllabus
Welcome to our New Mexico 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 one hour New Mexico specific education requirement for
New Mexico mortgage loan originator continuing education.
Course Description
During this course we will review the New Mexico Mortgage Loan Originator Licensing Act (MLOLA),
the Home Loan Protection Act (HLPA), and the corresponding state rules.

Course Dates and Times

This course is offered for the 2016 license renewal period. In order to ensure proper reporting
to NMLS before all mortgage loan originator licenses expire on December 31, 2016, this course
must be completed by December 21, 2016.
Course Objectives
Upon completing this course, you should be able to do the following:

Understand the scope and applicability of New Mexico mortgage laws

Comply with the requirements for licensees under the applicable laws and rules

Protect the public by following the requirements set forth in the laws and rules
Grading Policy
The course consists of slides mixed with comprehension questions. Each individual quiz
question is timed for 30 seconds. If you do not answer the quiz question within the allotted
time, the course will time out. At this point, you will be redirected to your dashboard and upon
re-opening the course, you will be required to repeat the section prior to the quiz question.
At the end of the course, you will be required to take and pass a final exam. This course is
timed as a one 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 be 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 covering different aspects of New Mexico Law.
NM SAFE CE 2016
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.
NM Mortgage Law Update 2016 Chapter 1 consists of the following sections:
Overview of Acts and State Code
Definitions and Explanations
License and Registration Requirements
License Renewal
NM Mortgage Law Update 2016 Chapter 2 consists of the following sections:
Punishment for Violations
Prohibited Acts
Court Action
Surety Bonds
Power and Duty of Director

Loan Originator Duties

NMAC Regulations
HLPA
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 sections outlined below. The sections 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 one 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
Introduction
Chapter 1
Chapter 1
Chapter 1

Chapter 1
Chapter 1
Chapter 2
Chapter 2
Chapter 2
Chapter 2
Chapter 2

Reading

Assignments Due

Course Introduction
Overview of Acts and
state code
Definitions and
Explanations
License and
Registration
Requirements
License Renewal
N/A
Punishment for
Violations
Prohibited Acts
Court Action
Surety Bonds
Power and Duty of
Director

Quiz Question

Instruction Time
Allocation (Minutes)
5

Quiz Question

Quiz Question

Quiz Question

Quiz Question
Chapter Quiz

3
3

Quiz Question

Quiz Question
Quiz Question
Quiz Question

3
2
1

Quiz Question

Chapter 2

Loan Originator
Duties
Chapter 2
NMAC Regulations
Chapter 2
HLPA
Chapter 2
Case Study
Chapter 2
N/A
Course Final
N/A
Course Evaluation
N/A
Total Course Time (Minutes)

Quiz Question

Quiz Question
Quiz Question
Quiz Question
Chapter Quiz
End of Course Final
Student Feedback

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