A mortgage team asks a quality-control reviewer about advertising and consumer-protection controls during a company policy update. Which answer should guide the file?
Correct Answer
D) Substantiate advertised terms before publication
mortgage advertising must avoid misleading claims and satisfy APR/trigger-term rules. 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 "Substantiate advertised terms before publication".
Why This Is the Correct Answer
mortgage advertising must avoid misleading claims and satisfy APR/trigger-term rules. 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 "Substantiate advertised terms before publication".
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