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A risk reviewer compares the file facts with Continuing Education Requirements during an underwriting condition review. Which conclusion is accurate?

Correct Answer

D) Complete the required annual continuing education components

SAFE Act CE requires annual approved education including federal law, ethics, nontraditional mortgage lending, and electives. The best answer is "Complete the required annual continuing education components".

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
Assume the Continuing Education Requirements condition is met because the borrower satisfied the separate loan estimate requirement.
D
Complete the required annual continuing education components

Why This Is the Correct Answer

SAFE Act CE requires annual approved education including federal law, ethics, nontraditional mortgage lending, and electives. The best answer is "Complete the required annual continuing education components".

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