A compliance manager documents a New Mexico company policy update and needs one rule for continuing education and renewal. Which statement belongs in the file?
Correct Answer
C) NMLS lists New Mexico state-licensed MLO PE as 20 total hours with 3 New Mexico-specific hours and annual CE as 8 total hours with 1 New Mexico-specific CE hour.
NMLS lists New Mexico state-licensed MLO PE as 20 total hours with 3 New Mexico-specific hours and annual CE as 8 total hours with 1 New Mexico-specific CE hour.
Why This Is the Correct Answer
NMLS lists New Mexico state-licensed MLO PE as 20 total hours with 3 New Mexico-specific hours and annual CE as 8 total hours with 1 New Mexico-specific CE hour.
More UST Questions
In a Missouri mortgage file, the loan file reviewer is asked to document licensing and NMLS authority before continuing. Which rule controls?
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