An MLO failed to complete required 2025 CE and completes NMLS-designated 2025 Late CE on 14 February 2026 during an available reinstatement process. To which year's missing CE requirement is that designated Late CE applied?
Correct Answer
D) The missing 2025 requirement; current-year CE remains a separate obligation
D. Designated 2025 Late CE addresses the missing 2025 requirement. The course designation identifies the deficient year being repaired; the completion date alone does not change that purpose. NMLS uses its Late CE catalog for prior-year make-up education. Completing that education does not automatically satisfy a separate current-year requirement. Scope and exceptions: The stem assumes an available reinstatement process. Completing Late CE alone does not establish that every licensing or reinstatement condition has been met. Source: Education FAQ — Late CE: prior-year make-up and year assignment — https://mortgage.nationwidelicensingsystem.org/knowledge/Products/nmls/pubs/testingHbk/education/mlo_testing/mlo_test_faq/mlo_testing_hbk_FAQ_educLateCE.html
Why This Is the Correct Answer
D. Designated 2025 Late CE addresses the missing 2025 requirement. The course designation identifies the deficient year being repaired; the completion date alone does not change that purpose. NMLS uses its Late CE catalog for prior-year make-up education. Completing that education does not automatically satisfy a separate current-year requirement. Scope and exceptions: The stem assumes an available reinstatement process. Completing Late CE alone does not establish that every licensing or reinstatement condition has been met.
Why the Other Options Are Wrong
Option A: Only 2026, because prior-year deficiencies can never be made up
This ignores the designated prior-year make-up process.
Option B: Neither year, because all education after December 31 is worthless
Late CE exists specifically to address qualifying prior-year deficiencies.
Option C: Both 2025 and 2026 automatically
The same make-up course is not automatically credited to both years.
Exam Tip
Distinguish the year a course repairs from the date it is completed.
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