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A policy exception is requested for a South Carolina matter involving continuing education and renewal. Which rule controls?

Correct Answer

A) South Carolina DCA CE is 8 NMLS-approved hours: 3 federal law, 2 ethics, 2 nontraditional mortgage lending, plus 1 hour of SC-DCA-specific education; DCA's CE deadline is November 30.

South Carolina DCA CE is 8 NMLS-approved hours: 3 federal law, 2 ethics, 2 nontraditional mortgage lending, plus 1 hour of SC-DCA-specific education; DCA's CE deadline is November 30.

Answer Options
A
South Carolina DCA CE is 8 NMLS-approved hours: 3 federal law, 2 ethics, 2 nontraditional mortgage lending, plus 1 hour of SC-DCA-specific education; DCA's CE deadline is November 30.
B
Close or renew first, then decide whether the consumer complaint response needs a compliance correction.
C
Proceed before the required South Carolina license, sponsorship, disclosure, record, or approval is in place.
D
Use an informal manager exception without updating the license, file, or required record.

Why This Is the Correct Answer

South Carolina DCA CE is 8 NMLS-approved hours: 3 federal law, 2 ethics, 2 nontraditional mortgage lending, plus 1 hour of SC-DCA-specific education; DCA's CE deadline is November 30.

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