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A licensing file raises a Wyoming question about continuing education and renewal. Which answer is most defensible?

Correct Answer

A) NMLS state-specific education table does not list Wyoming as an agency with separate state-specific PE or CE hours; Wyoming requires 20 hours of PE for MLO licensing through NMLS.

NMLS state-specific education table does not list Wyoming as an agency with separate state-specific PE or CE hours; Wyoming requires 20 hours of PE for MLO licensing through NMLS.

Answer Options
A
NMLS state-specific education table does not list Wyoming as an agency with separate state-specific PE or CE hours; Wyoming requires 20 hours of PE for MLO licensing through NMLS.
B
Delay the Wyoming requirement until after the loan closes or the renewal period ends.
C
Treat consumer consent as a cure for a prohibited or missing compliance step.
D
Treat the timing or filing requirement as optional if the transaction appears low risk.

Why This Is the Correct Answer

NMLS state-specific education table does not list Wyoming as an agency with separate state-specific PE or CE hours; Wyoming requires 20 hours of PE for MLO licensing through NMLS.

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