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A licensing file raises a Connecticut question about advertising and consumer-protection controls. Which answer is most defensible?

Correct Answer

C) Connecticut state mortgage law prohibits dishonest, fraudulent, misleading, or unfair conduct in state-regulated mortgage activity.

Connecticut state mortgage law prohibits dishonest, fraudulent, misleading, or unfair conduct in state-regulated mortgage activity.

Answer Options
A
Assume the Connecticut requirement does not apply to this supervisory file review.
B
Treat licensing and NMLS authority as satisfied by borrower consent alone.
C
Connecticut state mortgage law prohibits dishonest, fraudulent, misleading, or unfair conduct in state-regulated mortgage activity.
D
Delay the Connecticut requirement until after the loan closes or the renewal period ends.

Why This Is the Correct Answer

Connecticut state mortgage law prohibits dishonest, fraudulent, misleading, or unfair conduct in state-regulated mortgage activity.

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