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

Correct Answer

B) 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
Assume the Florida requirement does not apply to this regulator exam preparation.
B
Florida mortgage broker advertisements and business names must be truthful, not misleading, and consistent with OFR/NMLS license information.
C
Treat licensing and NMLS authority as satisfied by borrower consent alone.
D
Delay the Florida requirement until after the loan closes or the renewal period ends.

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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