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In an Alaska state-law refresher, a branch supervisor sees a compliance issue involving licensing and NMLS authority. What should the file reflect?

Correct Answer

B) Alaska mortgage licensing sources govern mortgage brokers, lenders, and mortgage loan originators under Alaska mortgage licensing law.

Alaska mortgage licensing sources govern mortgage brokers, lenders, and mortgage loan originators under Alaska mortgage licensing law.

Answer Options
A
Continue the activity and document the issue only if a complaint is later filed.
B
Alaska mortgage licensing sources govern mortgage brokers, lenders, and mortgage loan originators under Alaska mortgage licensing law.
C
Let the MLO originate while waiting for the Alaska status, sponsorship, or renewal issue to be corrected.
D
Let production staff decide whether licensing and NMLS authority matters for the file.

Why This Is the Correct Answer

Alaska mortgage licensing sources govern mortgage brokers, lenders, and mortgage loan originators under Alaska mortgage licensing law.

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