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A new hire will work on Virginia mortgage files involving continuing education and renewal. Which rule should the supervisor emphasize?

Correct Answer

A) NMLS state-specific education guidance lists agencies with unique state-specific PE and CE hour requirements; Virginia is not listed in that state-specific education-hours table.

NMLS state-specific education guidance lists agencies with unique state-specific PE and CE hour requirements; Virginia is not listed in that state-specific education-hours table.

Answer Options
A
NMLS state-specific education guidance lists agencies with unique state-specific PE and CE hour requirements; Virginia is not listed in that state-specific education-hours table.
B
Apply the rule only after the Virginia regulator has already opened an examination.
C
Skip the Virginia requirement because the company already follows general SAFE Act procedures.
D
Treat continuing education and renewal as optional because the company has a general Virginia compliance policy.

Why This Is the Correct Answer

NMLS state-specific education guidance lists agencies with unique state-specific PE and CE hour requirements; Virginia is not listed in that state-specific education-hours table.

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