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A mortgage lender is revising its Idaho desk guide for continuing education and renewal. Which rule should remain in the guide?

Correct Answer

C) NMLS lists Idaho state-licensed MLO PE as 20 total hours with 2 Idaho-specific hours and annual CE as 8 total hours with 1 Idaho-specific CE hour.

NMLS lists Idaho state-licensed MLO PE as 20 total hours with 2 Idaho-specific hours and annual CE as 8 total hours with 1 Idaho-specific CE hour.

Answer Options
A
Treat the requirement as waived because the borrower or employer agrees.
B
Assume another state's approval automatically satisfies the Idaho requirement.
C
NMLS lists Idaho state-licensed MLO PE as 20 total hours with 2 Idaho-specific hours and annual CE as 8 total hours with 1 Idaho-specific CE hour.
D
Apply the Idaho rule only to company licenses and never to individual MLO activity.

Why This Is the Correct Answer

NMLS lists Idaho state-licensed MLO PE as 20 total hours with 2 Idaho-specific hours and annual CE as 8 total hours with 1 Idaho-specific CE hour.

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