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In a Florida company policy update, a policy analyst sees a compliance issue involving continuing education and renewal. What should the file reflect?

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
Treat the requirement as waived because the borrower or employer agrees.
C
Assume another state's approval automatically satisfies the Florida requirement.
D
Apply the Florida rule only to company licenses and never to individual MLO activity.

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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