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A sponsorship reviewer handling a Florida MLO sponsorship update needs the compliant answer for continuing education and renewal. What should the reviewer choose?

Correct Answer

C) 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
Postpone the Florida continuing education and renewal issue until the next annual review.
B
Use only the federal baseline and ignore the separate Florida state requirement.
C
Florida mortgage license applications, amendments, renewals, and related filings are handled through NMLS under Florida OFR mortgage licensing procedures.
D
Apply the rule only after the Florida regulator has already opened an examination.

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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