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

Correct Answer

A) 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
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.
B
Let production staff decide whether continuing education and renewal matters for the file.
C
Skip documentation because the record-retention audit appears routine.
D
Rely on prior mortgage experience instead of the stated licensing or compliance requirement.

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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