The minimum standards for renewal of an endorsement as a mortgage loan originator shall include the following:
(a) The mortgage loan originator continues to meet the minimum standards for obtaining an endorsement as a mortgage loan originator.
(b) The mortgage loan originator satisfies the annual continuing education requirements described in Section 10166.10.
(Added by Stats. 2009, Ch. 160, Sec. 6. (SB 36) Effective October 11, 2009.)