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A quality-control review covers Alabama files involving continuing education and renewal. Which finding is accurate?

Correct Answer

C) NMLS state-specific education table does not list Alabama as an agency with separate state-specific PE or CE hours; Alabama MLO licensing still follows NMLS and Alabama SAFE Act licensing requirements.

NMLS state-specific education table does not list Alabama as an agency with separate state-specific PE or CE hours; Alabama MLO licensing still follows NMLS and Alabama SAFE Act licensing requirements.

Answer Options
A
Use a verbal explanation instead of the required license status, disclosure, record, or filing.
B
Use an MLO sponsorship update exception instead of satisfying the rule before activity continues.
C
NMLS state-specific education table does not list Alabama as an agency with separate state-specific PE or CE hours; Alabama MLO licensing still follows NMLS and Alabama SAFE Act licensing requirements.
D
Close or renew first, then decide whether the MLO sponsorship update needs a compliance correction.

Why This Is the Correct Answer

NMLS state-specific education table does not list Alabama as an agency with separate state-specific PE or CE hours; Alabama MLO licensing still follows NMLS and Alabama SAFE Act licensing requirements.

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