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Under PA requirements, who is responsible for ensuring that CE courses taken by an MLO are NMLS-approved?

Correct Answer

D) The individual MLO is responsible for verifying course approval before enrollment

Individual MLOs bear the responsibility for ensuring that the CE courses they take are NMLS-approved. Taking unapproved courses does not count toward the CE requirement.

Answer Options
A
The Department of Banking and Securities independently verifies each course
B
Any mortgage-related course automatically qualifies as approved CE
C
The employing company must approve all CE courses for its MLOs
D
The individual MLO is responsible for verifying course approval before enrollment

Why This Is the Correct Answer

Individual MLOs bear the responsibility for ensuring that the CE courses they take are NMLS-approved. Taking unapproved courses does not count toward the CE requirement.

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