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A Georgia sponsorship reviewer is reviewing a remote-work procedure tied to licensing and NMLS authority. Which rule should be applied?

Correct Answer

B) Georgia DBF describes a mortgage lender as a person or company who directly or indirectly makes, originates, underwrites, holds, or purchases mortgage loans or who services mortgage loans.

Georgia DBF describes a mortgage lender as a person or company who directly or indirectly makes, originates, underwrites, holds, or purchases mortgage loans or who services mortgage loans.

Answer Options
A
Treat sponsorship and employment status as satisfied by borrower consent alone.
B
Georgia DBF describes a mortgage lender as a person or company who directly or indirectly makes, originates, underwrites, holds, or purchases mortgage loans or who services mortgage loans.
C
Delay the Georgia requirement until after the loan closes or the renewal period ends.
D
Treat consumer consent as a cure for a prohibited or missing compliance step.

Why This Is the Correct Answer

Georgia DBF describes a mortgage lender as a person or company who directly or indirectly makes, originates, underwrites, holds, or purchases mortgage loans or who services mortgage loans.

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