Course Objectives

This course provides Oregon mortgage loan originators with a comprehensive understanding of the rules, responsibilities, and best practices required to conduct mortgage lending legally, ethically, and safely in Oregon. Participants will explore core state-specific laws governing mortgage professionals — including licensing, supervision, trust accounts, disclosures, advertising, prohibited acts, and consumer protections — as outlined by the Oregon Division of Financial Regulation (DFR), along with an expanded focus on cybersecurity and data privacy risks facing today's mortgage professionals.

By the end of this course, participants will be able to:

• Explain Oregon's licensing rules, operational standards, trust-fund requirements, recordkeeping obligations, and enforcement authority as they apply to mortgage loan originators and mortgage companies.
• Identify the ethical conduct and compliance oversight responsibilities expected of mortgage professionals operating within Oregon's regulatory framework.
• Describe the borrower-facing disclosure and consumer protection requirements that govern Oregon mortgage transactions, including rate-lock documentation, foreign-language disclosure obligations, transactional limitations, and reverse mortgage protections.
• Apply Oregon's advertising standards and professional designation rules to marketing and communication practices in a manner that promotes transparency and accurate borrower information.
• Explain Oregon's cybersecurity laws, data-breach requirements, and vendor oversight expectations and describe the practical safeguards MLOs must apply to protect sensitive consumer information.
• Recognize the growing data privacy risks associated with remote work and digital platforms and apply best practices that strengthen operational integrity and reduce regulatory exposure.