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A state compliance officer handling an Ohio NMLS filing review needs the compliant answer for licensing and NMLS authority. What should the reviewer choose?

Correct Answer

D) Ohio operations-manager approval generally requires at least 3 years or 36 months of qualifying mortgage and lending experience gained lawfully within the preceding 6 years.

Ohio operations-manager approval generally requires at least 3 years or 36 months of qualifying mortgage and lending experience gained lawfully within the preceding 6 years.

Answer Options
A
Use a verbal explanation instead of the required license status, disclosure, record, or filing.
B
Use a renewal checklist exception instead of satisfying the rule before activity continues.
C
Close or renew first, then decide whether the renewal checklist needs a compliance correction.
D
Ohio operations-manager approval generally requires at least 3 years or 36 months of qualifying mortgage and lending experience gained lawfully within the preceding 6 years.

Why This Is the Correct Answer

Ohio operations-manager approval generally requires at least 3 years or 36 months of qualifying mortgage and lending experience gained lawfully within the preceding 6 years.

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