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How many hours of continuing education does the SAFE Act require annually for licensed MLOs?

Uniform State Test (UST) · 11% of the SAFE exameasy

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Correct answer: 8 hours: 3 federal law, 2 ethics, 2 nontraditional, 1 elective

The SAFE Act requires 8 hours of annual continuing education: 3 hours federal law and regulations, 2 hours ethics (including fraud, consumer protection, fair lending), 2 hours nontraditional mortgage lending, and 1 hour of electives.

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