Regulatory Alerts2020-06-26
Added · Updated
Idaho Department of Finance Guidance Statement 2020-03-CFB: Mortgage Recovery Fund Mortgage Education Training
The Idaho Department of Finance issued Guidance Statement 2020-03-CFB to outline how up to $50,000 annually from the Mortgage Recovery Fund may be used to sponsor mortgage education training for licensees and applicants. The guidance permits the Department to co-sponsor programs by providing speakers or funding, provided the content focuses on regulatory compliance rather than marketing or general business tactics. Applicants must submit a formal request with speaker résumés, course outlines, and cost estimates, with priority given to events offering continuing education credits.
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