New Mexico Administrative Code
Title 12 - TRADE, COMMERCE AND BANKING
Chapter 19 - MORTGAGE LENDING
Part 2 - MORTGAGE LOAN ORIGINATOR REQUIREMENTS
Section 12.19.2.11 - SUCCESSIVE YEARS FOR CONTINUING EDUCATION COURSES
Universal Citation: 12 NM Admin Code 12.19.2.11
Current through Register Vol. 35, No. 18, September 24, 2024
The New Mexico Mortgage Loan Originator Licensing Act, Section 58-21B-10(E)(2) NMSA 1978, prohibits a licensed mortgage loan originator from taking the same approved continuing education course in the same or successive years to meet the annual continuing education requirements. For purposes of this limitation, the term "successive years" means the two years following the year in which a mortgage loan originator takes an approved course.
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