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A company entering the Mississippi market is documenting rules for continuing education and renewal. Which statement is accurate?

Correct Answer

C) NMLS lists Mississippi state-licensed MLO PE as 20 total hours with 4 Mississippi-specific hours and annual CE as 8 total hours with no separate Mississippi CE hour.

NMLS lists Mississippi state-licensed MLO PE as 20 total hours with 4 Mississippi-specific hours and annual CE as 8 total hours with no separate Mississippi CE hour.

Answer Options
A
Use a verbal explanation instead of the required license status, disclosure, record, or filing.
B
Use a consumer complaint response exception instead of satisfying the rule before activity continues.
C
NMLS lists Mississippi state-licensed MLO PE as 20 total hours with 4 Mississippi-specific hours and annual CE as 8 total hours with no separate Mississippi CE hour.
D
Close or renew first, then decide whether the consumer complaint response needs a compliance correction.

Why This Is the Correct Answer

NMLS lists Mississippi state-licensed MLO PE as 20 total hours with 4 Mississippi-specific hours and annual CE as 8 total hours with no separate Mississippi CE hour.

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