A Louisiana file is paused during a supervisory file review because of continuing education and renewal. Which statement clears the compliance question?
Correct Answer
A) Louisiana law includes OFI enrollment or NMLS-related registration requirements for covered individual originator status.
Louisiana law includes OFI enrollment or NMLS-related registration requirements for covered individual originator status.
Why This Is the Correct Answer
Louisiana law includes OFI enrollment or NMLS-related registration requirements for covered individual originator status.
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A lender preparing an Idaho record-retention audit asks an operations lead about continuing education and renewal. Which response should be followed?
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