EstatePass
USTeasy11% of exam

A staff member asks whether a Wisconsin procedure for continuing education and renewal is compliant. Which answer is correct?

Correct Answer

C) NMLS state-specific education table does not list Wisconsin as an agency with separate state-specific PE or CE hours; Wisconsin licensing still uses NMLS for mortgage licensing and continuing education resources.

NMLS state-specific education table does not list Wisconsin as an agency with separate state-specific PE or CE hours; Wisconsin licensing still uses NMLS for mortgage licensing and continuing education resources.

Answer Options
A
Postpone the Wisconsin continuing education and renewal issue until the next annual review.
B
Use only the federal baseline and ignore the separate Wisconsin state requirement.
C
NMLS state-specific education table does not list Wisconsin as an agency with separate state-specific PE or CE hours; Wisconsin licensing still uses NMLS for mortgage licensing and continuing education resources.
D
Apply the rule only after the Wisconsin regulator has already opened an examination.

Why This Is the Correct Answer

NMLS state-specific education table does not list Wisconsin as an agency with separate state-specific PE or CE hours; Wisconsin licensing still uses NMLS for mortgage licensing and continuing education resources.

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