Uniform State Content (SAFE Act)Question 379 of 400
Of the 20 hours of required pre-licensing education, how many hours must cover federal law and regulations?
a.2 hours
b.5 hours
c.3 hours
d.8 hours
Explanation
The 20-hour pre-licensing education curriculum must include at least 3 hours of federal law and regulations, 3 hours of ethics (including fraud, consumer protection, and fair lending), and 2 hours of training on nontraditional mortgage products. The remaining hours cover general and elective mortgage topics.
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