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Question # 55

Which of the following is a purpose of continuing education (CE) for MLOs under the SAFE Act?

Options:

A.

To increase the borrower’s credit score

B.

To maintain knowledge of federal and state regulations

C.

To guarantee license renewal without application

D.

To exempt the MLO from background checks

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NMLS Overview

Name SAFE Mortgage Loan Originator
Code NMLS
Vendor Finance, Insurance and Real Est
Certification Nationwide Multistate Licensing System (NMLS)

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