A staff member asks whether a Georgia procedure for SAFE testing is compliant. Which answer is correct?
Correct Answer
A) Georgia mortgage licenses expire on December 31, renewal applications are made annually between November 1 and December 31, and applications not received by December 1 cannot be assured renewal before January 1.
Georgia mortgage licenses expire on December 31, renewal applications are made annually between November 1 and December 31, and applications not received by December 1 cannot be assured renewal before January 1.
Why This Is the Correct Answer
Georgia mortgage licenses expire on December 31, renewal applications are made annually between November 1 and December 31, and applications not received by December 1 cannot be assured renewal before January 1.
More UST Questions
In a Missouri mortgage file, the loan file reviewer is asked to document licensing and NMLS authority before continuing. Which rule controls?
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