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An operations lead compares the file facts with SAFE Act Education Requirements during a licensing team review. Which conclusion is accurate?

Correct Answer

C) Include federal law, ethics, and nontraditional mortgage education

SAFE Act PE requires 20 hours including federal law, ethics, and nontraditional mortgage lending components. The best answer is "Include federal law, ethics, and nontraditional mortgage education".

Answer Options
A
Use prior experience as a substitute for the required rule.
B
Proceed first and document the compliance issue only if an examiner asks.
C
Include federal law, ethics, and nontraditional mortgage education
D
Resolve the SAFE Act Education Requirements issue with the document-retention exception that does not fit the facts.

Why This Is the Correct Answer

SAFE Act PE requires 20 hours including federal law, ethics, and nontraditional mortgage lending components. The best answer is "Include federal law, ethics, and nontraditional mortgage education".

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