2758.7. Renewal and Continuing Education.
(a) After January 1, 2011, the term for a mortgage loan originator license endorsement shall expire on December 31 of
the year for which the license endorsement is issued, except that license endorsement applications approved after
October 31 of a given year will be valid until December 31 of the following year.
(b) The renewal requirements for a mortgage loan originator license endorsement, including a renewal request and
evidence of completion of required continuing education courses that have been completed in the same calendar year,
must be filed and all applicable fees paid between November 1 and December 31 through the Nationwide Mortgage
Licensing System and Registry.
(c) A licensee who fails to file the necessary requirements to renew a mortgage loan originator license endorsement by
December 31 may request reinstatement of the expired license endorsement by filing the appropriate renewal and other
applicable minimum application requirements before March 1 of the following year. Notwithstanding Section
10166.10(f) of the Business and Professions Code, continuing education completed between January 1 and March 1,
while a license endorsement is expired and for the purpose of meeting the requirements to reinstate the expired license
endorsement, will be credited to, and only be credited to, the renewal period of the previous year. If the renewal
requirements are not filed by March 1, the licensee must apply for a new mortgage loan originator license endorsement
and meet the requirements for a license endorsement at that time.
Article 8. Examinations