§ 44.3. Reporting, verification and recordkeeping.

 (a)  Except as provided in §  44.2(b) (relating to requirements), a licensee shall include as part of its renewal application a statement that the requirements of this chapter have been completed by at least one separate mortgage professional at each licensed office, or in the case of a limited mortgage broker, by the licensed individual. The statement shall include a list of continuing education programs completed by the designated mortgage professional for each licensed office or the individual limited mortgage broker licensee. The list shall include:

   (1)  The name of continuing education providers.

   (2)  The name of continuing education programs.

   (3)  The number of credit hours attended by the mortgage professional.

   (4)  The locations and dates attended.

 (b)  The Department may verify satisfactory completion of the requirements of this chapter by methods including examination of the licensee.

 (c)  The Department may assess licensees examination costs for examinations made under subsection (b) consistent with section 308(a)(4) of the act (63 P. S. §  456.308(a)(4)).

 (d)  A licensee shall retain all original documents relating to the completion of each continuing education program by each mortgage professional for 3 annual renewal periods.