Answer:
Prior to submission of the lender’s renewal form which is due by August 31, 2006. At the time of the lender’s renewal, the licensee must certify that their principal representative and all loan originators and associates have had at least 14 hours of professional continuing education from an accredited Mortgage Business School within the past 2 years. These loan originators and associates are the same persons that will be reported on licensee’s quarterly report when due.
Source: The FAMB Focus, the Florida Association of Mortgage Brokers’ biweekly publication.