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In a Pennsylvania renewal checklist, a loan file reviewer sees a compliance issue involving continuing education and renewal. What should the file reflect?

Correct Answer

D) Pennsylvania applicants and licensees must provide written notice of changes in application or renewal information within 10 days after becoming aware of the change.

Pennsylvania applicants and licensees must provide written notice of changes in application or renewal information within 10 days after becoming aware of the change.

Answer Options
A
Use a verbal explanation instead of the required license status, disclosure, record, or filing.
B
Use a annual compliance meeting exception instead of satisfying the rule before activity continues.
C
Close or renew first, then decide whether the annual compliance meeting needs a compliance correction.
D
Pennsylvania applicants and licensees must provide written notice of changes in application or renewal information within 10 days after becoming aware of the change.

Why This Is the Correct Answer

Pennsylvania applicants and licensees must provide written notice of changes in application or renewal information within 10 days after becoming aware of the change.

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