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A branch manager is comparing company policy with Florida rules on continuing education and renewal. Which statement is correct?

Correct Answer

A) NMLS lists Florida-OFR annual continuing education as 8 hours, including 3 federal law, 2 ethics, 2 nontraditional mortgage lending, and 1 Florida law hour, with a December 31 deadline.

NMLS lists Florida-OFR annual continuing education as 8 hours, including 3 federal law, 2 ethics, 2 nontraditional mortgage lending, and 1 Florida law hour, with a December 31 deadline.

Answer Options
A
NMLS lists Florida-OFR annual continuing education as 8 hours, including 3 federal law, 2 ethics, 2 nontraditional mortgage lending, and 1 Florida law hour, with a December 31 deadline.
B
Proceed before the required Florida license, sponsorship, disclosure, record, or approval is in place.
C
Use an informal manager exception without updating the license, file, or required record.
D
Use a verbal explanation instead of the required license status, disclosure, record, or filing.

Why This Is the Correct Answer

NMLS lists Florida-OFR annual continuing education as 8 hours, including 3 federal law, 2 ethics, 2 nontraditional mortgage lending, and 1 Florida law hour, with a December 31 deadline.

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