A lender preparing a Texas branch onboarding review asks a branch supervisor about continuing education and renewal. Which response should be followed?
Correct Answer
C) Texas CE and renewal requirements apply as stated for the licensing year.
Texas OCCC renewal guidance opens the RMLO renewal period on November 1, closes regular renewal on December 31, and treats January 1 through February 28 as a reinstatement period with an added reinstatement cost.
Why This Is the Correct Answer
Texas OCCC renewal guidance opens the RMLO renewal period on November 1, closes regular renewal on December 31, and treats January 1 through February 28 as a reinstatement period with an added reinstatement cost.
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A licensing specialist is reviewing a Missouri file for records, reports, and required notices. Which conclusion is best supported?
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During an Indiana record-retention audit, a branch supervisor must resolve a question about continuing education and renewal. Which statement should control?