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A company policy memo needs a Connecticut rule for SAFE testing. Which statement should be included?

Correct Answer

B) Connecticut Department of Banking is the official state regulator source used for Connecticut mortgage loan originator or mortgage licensing questions in this batch.

Connecticut Department of Banking is the official state regulator source used for Connecticut mortgage loan originator or mortgage licensing questions in this batch.

Answer Options
A
Treat continuing education and renewal as optional because the company has a general Connecticut compliance policy.
B
Connecticut Department of Banking is the official state regulator source used for Connecticut mortgage loan originator or mortgage licensing questions in this batch.
C
Postpone the Connecticut continuing education and renewal issue until the next annual review.
D
Use only the federal baseline and ignore the separate Connecticut state requirement.

Why This Is the Correct Answer

Connecticut Department of Banking is the official state regulator source used for Connecticut mortgage loan originator or mortgage licensing questions in this batch.

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