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A Kentucky compliance manager is reviewing a supervisory file review tied to continuing education and renewal. Which rule should be applied?

Correct Answer

D) Kentucky company mortgage licensing workflows use NMLS checklists, filings, amendments, or renewal records when required by the state regulator.

Kentucky company mortgage licensing workflows use NMLS checklists, filings, amendments, or renewal records when required by the state regulator.

Answer Options
A
Apply the Kentucky rule only to company licenses and never to individual MLO activity.
B
Handle continuing education and renewal with an informal note rather than the required license, disclosure, filing, or record.
C
Use another jurisdiction's approval as a substitute for the Kentucky requirement.
D
Kentucky company mortgage licensing workflows use NMLS checklists, filings, amendments, or renewal records when required by the state regulator.

Why This Is the Correct Answer

Kentucky company mortgage licensing workflows use NMLS checklists, filings, amendments, or renewal records when required by the state regulator.

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