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In a Florida remote-work procedure, an audit analyst sees a compliance issue involving licensing and NMLS authority. What should the file reflect?

Correct Answer

D) Florida mortgage broker advertisements and business names must be truthful, not misleading, and consistent with OFR/NMLS license information.

Florida mortgage broker advertisements and business names must be truthful, not misleading, and consistent with OFR/NMLS license information.

Answer Options
A
Handle licensing and NMLS authority with an informal note rather than the required license, disclosure, filing, or record.
B
Use another jurisdiction's approval as a substitute for the Florida requirement.
C
Treat the requirement as waived because the borrower or employer agrees.
D
Florida mortgage broker advertisements and business names must be truthful, not misleading, and consistent with OFR/NMLS license information.

Why This Is the Correct Answer

Florida mortgage broker advertisements and business names must be truthful, not misleading, and consistent with OFR/NMLS license information.

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