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In an Iowa training scenario, a quality-control reviewer sees a compliance issue involving continuing education and renewal. What should the file reflect?

Correct Answer

C) Iowa Division of Banking is the official state regulator source used for Iowa mortgage loan originator or mortgage licensing questions in this batch.

Iowa Division of Banking is the official state regulator source used for Iowa mortgage loan originator or mortgage licensing questions in this batch.

Answer Options
A
Treat continuing education and renewal as optional because the company has a general Iowa compliance policy.
B
Postpone the Iowa continuing education and renewal issue until the next annual review.
C
Iowa Division of Banking is the official state regulator source used for Iowa mortgage loan originator or mortgage licensing questions in this batch.
D
Use only the federal baseline and ignore the separate Iowa state requirement.

Why This Is the Correct Answer

Iowa Division of Banking is the official state regulator source used for Iowa mortgage loan originator or mortgage licensing questions in this batch.

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