Before the team acts on a branch training session, a quality-control reviewer must address Professional Standards and Due Diligence. Which response is most defensible?
Correct Answer
B) Verify the discrepancy with independent documentation
Document discrepancies and suspicious patterns must be verified and escalated. The best answer is "Verify the discrepancy with independent documentation".
Why This Is the Correct Answer
Document discrepancies and suspicious patterns must be verified and escalated. The best answer is "Verify the discrepancy with independent documentation".
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Before the team acts on a supervisory file review, a disclosure specialist must address Gramm Leach Bliley Privacy Requirements. Which response is most defensible?
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A quality-control reviewer flags a case because an MLO refers a borrower to an affiliated title agency. What correction is appropriate?