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A Connecticut file is paused during an MLO sponsorship update because of continuing education and renewal. Which statement clears the compliance question?

Correct Answer

D) Connecticut Department of Banking is the official state regulator source used for Connecticut mortgage loan originator or mortgage licensing questions in this batch.

Connecticut Department of Banking is the official state regulator source used for Connecticut mortgage loan originator or mortgage licensing questions in this batch.

Answer Options
A
Use another jurisdiction's approval as a substitute for the Connecticut requirement.
B
Treat the requirement as waived because the borrower or employer agrees.
C
Assume another state's approval automatically satisfies the Connecticut requirement.
D
Connecticut Department of Banking is the official state regulator source used for Connecticut mortgage loan originator or mortgage licensing questions in this batch.

Why This Is the Correct Answer

Connecticut Department of Banking is the official state regulator source used for Connecticut mortgage loan originator or mortgage licensing questions in this batch.

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