EstatePass
USThard11% of exam

In a Pennsylvania consumer complaint response, a quality-control reviewer sees a compliance issue involving continuing education and renewal. What should the file reflect?

Correct Answer

B) Pennsylvania written testing requires a qualified NMLS-developed test, and a passing score is not less than 75 percent correct answers.

Pennsylvania written testing requires a qualified NMLS-developed test, and a passing score is not less than 75 percent correct answers.

Answer Options
A
Apply the rule only after the Pennsylvania regulator has already opened an examination.
B
Pennsylvania written testing requires a qualified NMLS-developed test, and a passing score is not less than 75 percent correct answers.
C
Skip the Pennsylvania requirement because the company already follows general SAFE Act procedures.
D
Treat continuing education and renewal as optional because the company has a general Pennsylvania compliance policy.

Why This Is the Correct Answer

Pennsylvania written testing requires a qualified NMLS-developed test, and a passing score is not less than 75 percent correct answers.

Was this explanation helpful?

More UST Questions

People Also Study

Related Study Resources

Practice More MLO Questions

Access all practice questions with progress tracking and adaptive difficulty to pass your SAFE MLO exam.

Start Practicing