Regulators Slap Mortgage LOs with Fines for Skipping Class

HousingWire, Jan. 18, 2022–Georgia Kromrie
LOs in 42 states who settled with state regulators will pay on average about $2,700 each — $1,000 for each state they are licensed in — for skipping the annual eight-hour course. They must also surrender their licenses for three months and take additional educational programs.