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A policy analyst handling a New Mexico NMLS filing review needs the compliant answer for continuing education and renewal. What should the reviewer choose?

Correct Answer

B) 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.

Answer Options
A
Let the MLO originate while waiting for the New Mexico status, sponsorship, or renewal issue to be corrected.
B
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.
C
Let production staff decide whether continuing education and renewal matters for the file.
D
Skip documentation because the branch onboarding review appears routine.

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.

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