A mortgage lender is revising its Kentucky desk guide for continuing education and renewal. Which rule should remain in the guide?
Correct Answer
B) Kentucky KRS 286.8-255 requires registration with the Department for mortgage loan originator activity and covers renewals, CE, background checks, and minimum standards.
Kentucky KRS 286.8-255 requires registration with the Department for mortgage loan originator activity and covers renewals, CE, background checks, and minimum standards.
Why This Is the Correct Answer
Kentucky KRS 286.8-255 requires registration with the Department for mortgage loan originator activity and covers renewals, CE, background checks, and minimum standards.
More UST Questions
In a Missouri mortgage file, the loan file reviewer is asked to document licensing and NMLS authority before continuing. Which rule controls?
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