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A file reviewer is checking whether a Kentucky process satisfies requirements for continuing education and renewal. Which statement is accurate?

Correct Answer

A) Kentucky MLO license renewal is tied to NMLS renewal processing and annual continuing education requirements.

Kentucky MLO license renewal is tied to NMLS renewal processing and annual continuing education requirements.

Answer Options
A
Kentucky MLO license renewal is tied to NMLS renewal processing and annual continuing education requirements.
B
Let the MLO originate while waiting for the Kentucky status, sponsorship, or renewal issue to be corrected.
C
Let production staff decide whether continuing education and renewal matters for the file.
D
Skip documentation because the loan-originator transfer appears routine.

Why This Is the Correct Answer

Kentucky MLO license renewal is tied to NMLS renewal processing and annual continuing education requirements.

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