Nội dung tiểu bang thống nhất (SAFE)Câu 367 / 400
During what annual window must a state-licensed MLO submit a license renewal request through NMLS?
a.Any time during the calendar year with no deadline
b.Between January 1 and March 31
c.Between November 1 and December 31
d.Only on the exact anniversary of the original license date
Giải thích
The standard NMLS renewal period runs from November 1 through December 31 each year. To renew, the MLO must have completed the required continuing education, continue to meet all standards, and pay applicable fees. Failure to renew by the deadline places the license in a terminated or lapsed status.
Trích dẫn luật: SAFE ActLuyện miễn phí toàn bộ 400 câu hỏi — không cần đăng ký.
Câu hỏi liên quan cùng chủ đề
- Maria was convicted of a felony involving fraud and money laundering six years ago. Under the SAFE Act, her eligibility for a state MLO license is:
- Under the SAFE Act, which factor may a state consider when reviewing an MLO applicant's financial responsibility?
- Why does the SAFE Act require state-licensed MLOs or their employers to maintain a surety bond?
- A state-licensed MLO takes the same 8-hour CE course twice in the same year to fulfill this year's and next year's requirement. Under the SAFE Act's successive-years rule, this is:
- Under the SAFE Act's definition, a mortgage loan originator is an individual who, for compensation or gain, does which of the following?
- Carlos works at a mortgage company and only assembles and files paperwork after a licensed MLO has taken the application and negotiated terms. Carlos does not communicate with borrowers about rates or terms. Under the SAFE Act, Carlos:
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