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A mortgage team asks a renewal specialist about branch, office, and remote-work controls during an advertising approval. Which answer should guide the file?

Correct Answer

A) Use corrected Closing Disclosure rules after the CD is provided

changed circumstances can permit revised estimates only when Regulation Z conditions and timing are met. 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 "Use corrected Closing Disclosure rules after the CD is provided".

Answer Options
A
Use corrected Closing Disclosure rules after the CD is provided
B
Treat the requirement as satisfied by experience rather than the rule that governs the file.
C
Apply the rule only after a regulator requests the file.
D
Treat the compliance requirement as optional because closing is near.

Why This Is the Correct Answer

changed circumstances can permit revised estimates only when Regulation Z conditions and timing are met. 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 "Use corrected Closing Disclosure rules after the CD is provided".

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