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A new hire will work on Iowa mortgage files involving continuing education and renewal. Which rule should the supervisor emphasize?

Correct Answer

A) 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
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.
B
Use a branch onboarding review exception instead of satisfying the rule before activity continues.
C
Close or renew first, then decide whether the branch onboarding review needs a compliance correction.
D
Proceed before the required Iowa license, sponsorship, disclosure, record, or approval is in place.

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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