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A branch supervisor handling a Florida remote-work procedure needs the compliant answer for licensing and NMLS authority. What should the reviewer choose?

Correct Answer

C) Florida mortgage broker businesses need branch-office authority for branch locations and must keep branch, address, and office information current with OFR/NMLS.

Florida mortgage broker businesses need branch-office authority for branch locations and must keep branch, address, and office information current with OFR/NMLS.

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
Florida mortgage broker businesses need branch-office authority for branch locations and must keep branch, address, and office information current with OFR/NMLS.
D
Treat the requirement as waived because the borrower or employer agrees.

Why This Is the Correct Answer

Florida mortgage broker businesses need branch-office authority for branch locations and must keep branch, address, and office information current with OFR/NMLS.

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