A policy analyst documents a Florida regulator exam preparation and needs one rule for continuing education and renewal. Which statement belongs in the file?
Correct Answer
A) A Florida loan originator may conduct mortgage loan origination only through an authorized mortgage broker business or mortgage lender and may not treat an inactive or unsponsored status as permission to originate.
A Florida loan originator may conduct mortgage loan origination only through an authorized mortgage broker business or mortgage lender and may not treat an inactive or unsponsored status as permission to originate.
Why This Is the Correct Answer
A Florida loan originator may conduct mortgage loan origination only through an authorized mortgage broker business or mortgage lender and may not treat an inactive or unsponsored status as permission to originate.
More UST Questions
In a Missouri mortgage file, the loan file reviewer is asked to document licensing and NMLS authority before continuing. Which rule controls?
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