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A sponsorship reviewer documents an Oklahoma mortgage operations checklist and needs one rule for continuing education and renewal. Which statement belongs in the file?

Correct Answer

A) Oklahoma mortgage licensees may have state or NMLS reporting, notice, call report, amendment, or renewal-update obligations.

Oklahoma mortgage licensees may have state or NMLS reporting, notice, call report, amendment, or renewal-update obligations.

Answer Options
A
Oklahoma mortgage licensees may have state or NMLS reporting, notice, call report, amendment, or renewal-update obligations.
B
Use another jurisdiction's approval as a substitute for the Oklahoma requirement.
C
Treat the requirement as waived because the borrower or employer agrees.
D
Assume another state's approval automatically satisfies the Oklahoma requirement.

Why This Is the Correct Answer

Oklahoma mortgage licensees may have state or NMLS reporting, notice, call report, amendment, or renewal-update obligations.

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