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A state compliance officer handling an Iowa company policy update needs the compliant answer for continuing education and renewal. What should the reviewer choose?

Correct Answer

C) NMLS state-specific education table does not list Iowa as an agency with separate state-specific PE or CE hours; Iowa mortgage licensing still uses NMLS licensing workflows.

NMLS state-specific education table does not list Iowa as an agency with separate state-specific PE or CE hours; Iowa mortgage licensing still uses NMLS licensing workflows.

Answer Options
A
Apply the Iowa rule only to company licenses and never to individual MLO activity.
B
Handle continuing education and renewal with an informal note rather than the required license, disclosure, filing, or record.
C
NMLS state-specific education table does not list Iowa as an agency with separate state-specific PE or CE hours; Iowa mortgage licensing still uses NMLS licensing workflows.
D
Use another jurisdiction's approval as a substitute for the Iowa requirement.

Why This Is the Correct Answer

NMLS state-specific education table does not list Iowa as an agency with separate state-specific PE or CE hours; Iowa mortgage licensing still uses NMLS licensing workflows.

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