A mortgage company is training staff on Ohio requirements for pre-licensure education. Which statement should the trainer use?
Correct Answer
C) NMLS lists Ohio state-licensed MLO pre-licensing education as 3 hours federal law, 3 hours ethics, 2 hours nontraditional mortgage lending, 12 elective hours, plus 4 hours of Ohio ORMLA law.
NMLS lists Ohio state-licensed MLO pre-licensing education as 3 hours federal law, 3 hours ethics, 2 hours nontraditional mortgage lending, 12 elective hours, plus 4 hours of Ohio ORMLA law.
Why This Is the Correct Answer
NMLS lists Ohio state-licensed MLO pre-licensing education as 3 hours federal law, 3 hours ethics, 2 hours nontraditional mortgage lending, 12 elective hours, plus 4 hours of Ohio ORMLA law.
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?
A renewal specialist is updating Missouri procedures for supervisory file review and flags licensing and NMLS authority. Which answer is accurate?
For a Missouri consumer complaint response, a branch supervisor is training staff on licensing and NMLS authority. Which answer should be used?
For a Missouri branch onboarding review, a branch supervisor is training staff on licensing and NMLS authority. Which answer should be used?
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A mortgage company asks a policy analyst to validate a Missouri branch onboarding review involving licensing and NMLS authority. Which statement is reliable?
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An operations lead compares company policy with Missouri requirements during an advertising approval. Which statement fits licensing and NMLS authority?
A mortgage company asks an operations lead to validate a Missouri MLO sponsorship update involving continuing education and renewal. Which statement is reliable?
A licensing checklist in Missouri includes a question about scope, definitions, and exemptions. Which entry should the branch supervisor keep?
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