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Before approving the advertising approval, a Florida renewal specialist checks continuing education and renewal. Which conclusion is best supported?

Correct Answer

A) Florida mortgage lenders must file required periodic reports, renewal information, financial information, and NMLS mortgage call reports when required by OFR or NMLS.

Florida mortgage lenders must file required periodic reports, renewal information, financial information, and NMLS mortgage call reports when required by OFR or NMLS.

Answer Options
A
Florida mortgage lenders must file required periodic reports, renewal information, financial information, and NMLS mortgage call reports when required by OFR or NMLS.
B
Handle continuing education and renewal with an informal note rather than the required license, disclosure, filing, or record.
C
Use another jurisdiction's approval as a substitute for the Florida requirement.
D
Treat the requirement as waived because the borrower or employer agrees.

Why This Is the Correct Answer

Florida mortgage lenders must file required periodic reports, renewal information, financial information, and NMLS mortgage call reports when required by OFR or NMLS.

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