An MLO sends a marketing email to potential borrowers advertising mortgage rates. What information must be included in this communication?
Correct Answer
A) The MLO's NMLS identifier and equal housing opportunity statement
Marketing communications must include the MLO's NMLS identifier per the SAFE Act requirements in 12 CFR 1007.106, and mortgage-related advertising must include equal housing opportunity statements under the Fair Housing Act and Regulation B.
Why This Is the Correct Answer
Marketing communications must include the MLO's NMLS identifier per the SAFE Act requirements in 12 CFR 1007.106, and mortgage-related advertising must include equal housing opportunity statements under the Fair Housing Act and Regulation B.
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