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During a Florida record-retention audit, a state compliance officer must resolve a question about continuing education and renewal. Which statement should control?

Correct Answer

A) Florida mortgage license applications, amendments, renewals, and related filings are handled through NMLS under Florida OFR mortgage licensing procedures.

Florida mortgage license applications, amendments, renewals, and related filings are handled through NMLS under Florida OFR mortgage licensing procedures.

Answer Options
A
Florida mortgage license applications, amendments, renewals, and related filings are handled through NMLS under Florida OFR mortgage licensing procedures.
B
Use another jurisdiction's approval as a substitute for the Florida requirement.
C
Treat the requirement as waived because the borrower or employer agrees.
D
Assume another state's approval automatically satisfies the Florida requirement.

Why This Is the Correct Answer

Florida mortgage license applications, amendments, renewals, and related filings are handled through NMLS under Florida OFR mortgage licensing procedures.

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