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An operations lead compares company policy with Florida requirements during a regulator exam preparation. Which statement fits continuing education and renewal?

Correct Answer

C) Florida mortgage licenses and registrations renew annually through the required NMLS/OFR renewal workflow, and mortgage activity must stop if the needed license authority is not active.

Florida mortgage licenses and registrations renew annually through the required NMLS/OFR renewal workflow, and mortgage activity must stop if the needed license authority is not active.

Answer Options
A
Use another jurisdiction's approval as a substitute for the Florida requirement.
B
Treat the requirement as waived because the borrower or employer agrees.
C
Florida mortgage licenses and registrations renew annually through the required NMLS/OFR renewal workflow, and mortgage activity must stop if the needed license authority is not active.
D
Assume another state's approval automatically satisfies the Florida requirement.

Why This Is the Correct Answer

Florida mortgage licenses and registrations renew annually through the required NMLS/OFR renewal workflow, and mortgage activity must stop if the needed license authority is not active.

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