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Before approving the consumer complaint response, an Iowa operations lead checks continuing education and renewal. Which conclusion is best supported?

Correct Answer

B) 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
Postpone the Iowa continuing education and renewal issue until the next annual review.
B
Iowa Division of Banking is the official state regulator source used for Iowa mortgage loan originator or mortgage licensing questions in this batch.
C
Use only the federal baseline and ignore the separate Iowa state requirement.
D
Apply the rule only after the Iowa regulator has already opened an examination.

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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