1 Hour KY SAFE Continuing Education Course: Kentucky Mortgage Licensing, Conduct & Enforcement: #19065

Description

This one-hour continuing education course fulfills the Kentucky state-specific elective requirement for mortgage loan originators registered with the Kentucky Department of Financial Institutions (DFI). The course covers the full KY-DFI required topics list from KRS Chapter 286.8 across two chapters of 30 minutes each.

Chapter 1 covers the DFI’s structure and authority, the key definitions in KRS 286.8-010 (including the mortgage lending process definition, which is a required learning objective), licensing and registration requirements for companies and MLOs, the examination and investigation authority, and records and Mortgage Call Report obligations, with a case study on the November 2025 Lynx Financial Group agreed order. Chapter 2 covers prohibited acts, the advertising standards and NMLS identifier requirements (a required learning objective), the total net income restriction (a required learning objective), the disciplinary and criminal enforcement framework including the Kentucky Residential Mortgage Fraud Act, and the usury framework under KRS 360.010.

Contents

1. The Kentucky DFI, KRS Chapter 286.8: Licensing, Supervision, and the Mortgage Lending Process
2. Prohibited Acts, Advertising Standards, the Total Net Income Restriction, and Enforcement
3. Final Exam