1 Hour WV SAFE Mortgage Law Update 2013 SAFE CE Course Syllabus

Welcome to our West Virginia 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 West Virginia specific education requirement for West Virginia mortgage loan originator continuing education. Course Description During this course we will review various West Virginia Secure Mortgage Acts and the corresponding state rules. Course Dates and Times This course is offered for the 2013 license renewal period. The deadline to complete West Virginia CE is November 30, 2013. In order to ensure proper reporting to NMLS, this course must be completed by November 25, 2013. Course Objectives Upon completing this course, you should be able to do the following: Understand the scope and applicability of West Virginia 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 chapter includes a chapter quiz. At the end of the final part, you will be required to take and pass a final exam. This course is timed as a one hour course. You must complete the parts in order to progress through the 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. Your course consists of two parts. You are required to complete the parts in order. Once you have completed all of the coursework in part one, you will be allowed to open and complete part two.

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 parts, each covering different aspects of West Virginia law. WV SAFE CE 2013 Part 1 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. WV Mortgage Law Update 2013 Chapter 1: Chapter One covers the implementation of the SAFE Act. It consists of the following sections: Overview of SAFE and State Code Definitions and Explanations Exemptions and Continuing Education Requirements for Loan Originators Prohibited Acts Record Keeping Chapter Quiz: 5 question quiz covering all of the material discussed in Chapter One. WV SAFE CE 2013 Part 2

WV Mortgage Law Update 2013 Chapter 2: Chapter 2 covers mortgage lenders and brokers. It consists of the following sections: Licensing for Lenders and Brokers Contractual and Other Prohibitions Disclosures Enforcement, Violations, and Penalties Case Study Truth in Advertising The Commissioner's Authority Records and Reports Surety Bond Requirement The Commissioner's Investigation and Examination Authority Case Study Chapter Quiz: 5 question quiz covering all of the material discussed in Chapter Two. Course Final: 15 question final covering all of the material discussed in Chapters One and Two. Course Evaluation: Students will be allowed to give feedback regarding the course. Course Schedule This course consists of the two parts outlined below. The requirements for each part are listed with the approximate time needed to complete each learning module. Please note that the times are estimated, it may take you more or less time to complete the course material than specified in this outline. 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 any assistance at any time. Enjoy the course!

Course Outline and Schedule

Module Introduction Chapter 1 Reading Assignments Due Quiz Question Quiz Question Quiz Question Quiz Questions Course Introduction Overview of SAFE and state code Chapter 1 Definitions and Explanations Chapter 1 Exemptions and Continuing Education Requirements Chapter 1 Prohibited Acts Chapter 1 Record Keeping Chapter 1 N/A Chapter 2 Licensing for Lenders and Brokers Chapter 2 Contractual and Other Prohibitions Chapter 2 Disclosures Chapter 2 Enforcement, Violations, and Penalties Chapter 2 Case Study Chapter 2 The Commissioner's Authority Chapter 2 Records and Reports Chapter 2 Surety Bond Requirement Chapter 2 The Commissioner's Investigation and Examination Authority Chapter 2 Case Study Chapter 2 N/A Course Final N/A Course Evaluation N/A Total Course Time (Minutes) Instruction Time Allocation (Minutes) 2 2 3 4

Quiz Question Quiz Question End of Chapter Quiz Quiz Question Quiz Questions Quiz Question Quiz Questions

2 2 4 2 4 2 4

Quiz Questions Quiz Question Quiz Question Quiz Question Quiz Question

3 2 3 2 4

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

3 4 6 2 60