NAC645F.510. Course material for initial licensure and continuing education: Approved subjects.

The following subjects are approved as course material for initial licensing and continuing education:

     1. Federal and Nevada state laws and regulations relating to mortgage lending or the activities of covered service providers, foreclosure consultants and loan modification consultants.

     2. The provisions of:

     (a) This chapter or chapter 645F of NRS governing covered service providers, foreclosure consultants and loan modification consultants;

     (b) Chapter 645B of NRS governing mortgage brokers and mortgage agents;

     (c) Chapter 598D of NRS governing unfair lending practices;

     (d) Chapter 645A of NRS governing escrow agencies and agents; and

     (e) Chapter 107 of NRS governing deeds of trust.

     3. Practices and information relating to covered service providers, foreclosure consultants and loan modification consultants or to the mortgage industry, including, but not limited to, federal programs designed to assist homeowners facing foreclosure.

     4. Ethics and deceptive trade practices.

     5. Any other subject approved by the Commissioner, including, but not limited to, the tax consequences of a loan modification or foreclosure.

     (Added to NAC by Comm’r of Mortgage Lending by R052-09, eff. 8-25-2009)