A mortgage company asks a policy analyst to validate a Texas mortgage operations checklist involving continuing education and renewal. Which statement is reliable?
Correct Answer
A) 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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