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A state compliance officer compares company policy with New Hampshire requirements during a company policy update. Which statement fits continuing education and renewal?

Correct Answer

B) New Hampshire Banking Department is the official state regulator source used for New Hampshire mortgage loan originator or mortgage licensing questions in this batch.

New Hampshire Banking Department is the official state regulator source used for New Hampshire mortgage loan originator or mortgage licensing questions in this batch.

Answer Options
A
Treat the requirement as waived because the borrower or employer agrees.
B
New Hampshire Banking Department is the official state regulator source used for New Hampshire mortgage loan originator or mortgage licensing questions in this batch.
C
Assume another state's approval automatically satisfies the New Hampshire requirement.
D
Apply the New Hampshire rule only to company licenses and never to individual MLO activity.

Why This Is the Correct Answer

New Hampshire Banking Department is the official state regulator source used for New Hampshire mortgage loan originator or mortgage licensing questions in this batch.

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