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Florida Psychology Laws And Rules Practice Exam

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True or False: The NMLS requires all state-licensed mortgage loan originators to complete a minimum of 8 hours of continuing education annually.
Correct Answer:
True
Explanation:
The NMLS (Nationwide Multistate Licensing System & Registry) generally requires state-licensed MLOs to complete a minimum of 8 hours of NMLS-approved continuing education annually. This includes specific federal law, ethics, and non-traditional mortgage product components.

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