A Tennessee file is paused during a branch onboarding review because of continuing education and renewal. Which statement clears the compliance question?
Correct Answer
C) NMLS lists Tennessee state-licensed MLO prelicensure education as 20 hours, including 3 hours federal law, 3 hours ethics, 2 hours nontraditional mortgage lending, 10 elective hours, and 2 hours of Tennessee law.
NMLS lists Tennessee state-licensed MLO prelicensure education as 20 hours, including 3 hours federal law, 3 hours ethics, 2 hours nontraditional mortgage lending, 10 elective hours, and 2 hours of Tennessee law.
Why This Is the Correct Answer
NMLS lists Tennessee state-licensed MLO prelicensure education as 20 hours, including 3 hours federal law, 3 hours ethics, 2 hours nontraditional mortgage lending, 10 elective hours, and 2 hours of Tennessee law.
More UST Questions
A mortgage team is building a Texas procedure for sponsorship and employment status. Which statement matches the state requirement?
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A branch supervisor compares company policy with Maryland requirements during a record-retention audit. Which statement fits licensing and NMLS authority?
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