A compliance officer is coaching an MLO on Washington pre-licensure education. Which answer should the MLO follow?
Correct Answer
A) Washington MLO PE is 22 hours total, including 3 hours federal law, 3 hours ethics, 2 hours nontraditional mortgage products, 10 elective hours, and 4 hours Washington law.
Washington MLO PE is 22 hours total, including 3 hours federal law, 3 hours ethics, 2 hours nontraditional mortgage products, 10 elective hours, and 4 hours Washington law.
Why This Is the Correct Answer
Washington MLO PE is 22 hours total, including 3 hours federal law, 3 hours ethics, 2 hours nontraditional mortgage products, 10 elective hours, and 4 hours Washington law.
More UST Questions
In a Missouri mortgage file, the loan file reviewer is asked to document licensing and NMLS authority before continuing. Which rule controls?
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Before approving the new-license application, a Connecticut audit analyst checks licensing and NMLS authority. Which conclusion is best supported?
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A Nebraska audit analyst is reviewing an MLO sponsorship update tied to continuing education and renewal. Which rule should be applied?
