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A sponsorship reviewer compares company policy with New Mexico requirements during a record-retention audit. Which statement fits continuing education and renewal?

Correct Answer

D) New Mexico Financial Institutions Division is the official state regulator source used for New Mexico mortgage loan originator or mortgage licensing questions in this batch.

New Mexico Financial Institutions Division is the official state regulator source used for New Mexico mortgage loan originator or mortgage licensing questions in this batch.

Answer Options
A
Use a training scenario exception instead of satisfying the rule before activity continues.
B
Close or renew first, then decide whether the training scenario needs a compliance correction.
C
Proceed before the required New Mexico license, sponsorship, disclosure, record, or approval is in place.
D
New Mexico Financial Institutions Division is the official state regulator source used for New Mexico mortgage loan originator or mortgage licensing questions in this batch.

Why This Is the Correct Answer

New Mexico Financial Institutions Division is the official state regulator source used for New Mexico mortgage loan originator or mortgage licensing questions in this batch.

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