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A licensing coordinator compares company policy with Alaska requirements during a state-law refresher. Which statement fits licensing and NMLS authority?

Correct Answer

A) Alaska unlicensed residential mortgage origination, brokering, lending, servicing, or related mortgage activity can trigger state enforcement when no exemption applies.

Alaska unlicensed residential mortgage origination, brokering, lending, servicing, or related mortgage activity can trigger state enforcement when no exemption applies.

Answer Options
A
Alaska unlicensed residential mortgage origination, brokering, lending, servicing, or related mortgage activity can trigger state enforcement when no exemption applies.
B
Use another jurisdiction's approval as a substitute for the Alaska requirement.
C
Treat the requirement as waived because the borrower or employer agrees.
D
Assume another state's approval automatically satisfies the Alaska requirement.

Why This Is the Correct Answer

Alaska unlicensed residential mortgage origination, brokering, lending, servicing, or related mortgage activity can trigger state enforcement when no exemption applies.

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