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A quality-control reviewer documents a Florida training scenario and needs one rule for branch, office, and remote-work controls. Which statement belongs in the file?

Correct Answer

C) Florida OFR discipline can apply to loan originators, mortgage broker businesses, mortgage lenders, branch managers, principal loan originators, control persons, and other covered persons depending on role and violation.

Florida OFR discipline can apply to loan originators, mortgage broker businesses, mortgage lenders, branch managers, principal loan originators, control persons, and other covered persons depending on role and violation.

Answer Options
A
Skip the Florida requirement because the company already follows general SAFE Act procedures.
B
Treat branch, office, and remote-work controls as optional because the company has a general Florida compliance policy.
C
Florida OFR discipline can apply to loan originators, mortgage broker businesses, mortgage lenders, branch managers, principal loan originators, control persons, and other covered persons depending on role and violation.
D
Postpone the Florida branch, office, and remote-work controls issue until the next annual review.

Why This Is the Correct Answer

Florida OFR discipline can apply to loan originators, mortgage broker businesses, mortgage lenders, branch managers, principal loan originators, control persons, and other covered persons depending on role and violation.

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