Question

NMLS requires all state licensed originators to participate in all but one of the following:

A. Take a 20 hr pre-licensing course
B. Fingerprints
C. Take a 10 hr CE class annually
D. Register for an NMLS number

Answer 1

NMLS requires state licensed originators to participate in various activities, except a 10-hour CE class annually.

Step-by-step explanation:

According to the National Mortgage Licensing System (NMLS), all state licensed originators are required to participate in several activities except one. They must take a 20-hour pre-licensing course, submit fingerprints, and register for an NMLS number. However, they are not required to take a 10-hour continuing education (CE) class annually. This class may be optional or mandated by individual states, but it is not a requirement by NMLS.