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Which activity is within Delaware mortgage loan originating as described by the Delaware regulator?

Correct Answer

B) Soliciting, negotiating, explaining, or finalizing mortgage loan terms for a customer

Delaware describes mortgage loan originating as soliciting, negotiating, explaining, or finalizing mortgage loan terms for a customer of an originating entity.

Answer Options
A
Only recording a deed after closing
B
Soliciting, negotiating, explaining, or finalizing mortgage loan terms for a customer
C
Only selling hazard insurance after a loan closes
D
Only providing secretarial services with no loan-term discussion

Why This Is the Correct Answer

Delaware describes mortgage loan originating as soliciting, negotiating, explaining, or finalizing mortgage loan terms for a customer of an originating entity.

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