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A policy exception is requested for a Connecticut matter involving continuing education and renewal. Which rule controls?

Correct Answer

C) NMLS lists Connecticut state-licensed MLO PE as 21 total hours with 1 Connecticut-specific hour and annual CE as 8 total hours with 1 Connecticut-specific CE hour.

NMLS lists Connecticut state-licensed MLO PE as 21 total hours with 1 Connecticut-specific hour and annual CE as 8 total hours with 1 Connecticut-specific CE hour.

Answer Options
A
Assume the Connecticut requirement does not apply to this remote-work procedure.
B
Treat continuing education and renewal as satisfied by borrower consent alone.
C
NMLS lists Connecticut state-licensed MLO PE as 21 total hours with 1 Connecticut-specific hour and annual CE as 8 total hours with 1 Connecticut-specific CE hour.
D
Delay the Connecticut requirement until after the loan closes or the renewal period ends.

Why This Is the Correct Answer

NMLS lists Connecticut state-licensed MLO PE as 21 total hours with 1 Connecticut-specific hour and annual CE as 8 total hours with 1 Connecticut-specific CE hour.

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