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Before the team acts on a servicing handoff check, a licensing coordinator must address TILA Advertising Requirements. Which response is most defensible?

Correct Answer

A) Advertise only terms actually available

Mortgage advertisements must be truthful and include required APR or trigger-term disclosures. The best answer is "Advertise only terms actually available".

Answer Options
A
Advertise only terms actually available
B
Apply the correct general concept to the wrong escrow analysis stage rather than the TILA Advertising Requirements rule.
C
Wait until a regulator asks for the file before applying the federal requirement.
D
Rely on oral agreement when the rule requires documented compliance.

Why This Is the Correct Answer

Mortgage advertisements must be truthful and include required APR or trigger-term disclosures. The best answer is "Advertise only terms actually available".

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