According to Pearson VUE, the electronic certification and licensure testing business of Pearson, the State of Alaska Department of Commerce, Community, and Economic Development has selected Pearson VUE to develop and administer licensing exams for Alaska mortgage brokers and loan originators. The contract was awarded following a competitive bidding process in April and was signed in May.
Alaska joins the growing trend of states requiring a licensure exam for the mortgage profession, becoming the ninth state to do so. Currently, Pearson VUE has contracts with six of these states, including Alaska.
‘Recent events in the mortgage industry have made the examination program a necessity,’ explains Mark Davis, director of the Division of Corporations, Business and Professional Licensing. ‘To better protect home buyers, it was essential for our state to contract with a reliable vendor with a proven reputation. Pearson VUE, who has successfully administered our department's insurance licensure program for almost 20 years, fit this description perfectly.’
Source: Pearson VUE