Before the loan advances, a compliance manager must resolve an advertising and consumer-protection controls issue in a branch onboarding review. What should happen?
Correct Answer
B) Honor the do-not-call request under telemarketing rules
telemarketing rules limit calling times, registry calls, internal do-not-call handling, and consent. This item uses an exam-style scenario; any file details in the stem are illustrative and the governing rule controls the compliant response. The best answer is "Honor the do-not-call request under telemarketing rules".
Why This Is the Correct Answer
telemarketing rules limit calling times, registry calls, internal do-not-call handling, and consent. This item uses an exam-style scenario; any file details in the stem are illustrative and the governing rule controls the compliant response. The best answer is "Honor the do-not-call request under telemarketing rules".
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A processor asks how to handle a file where a title company offers a gift card for each borrower referral. Which response is most accurate?
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