A Hawaii file is paused during an annual compliance meeting because of licensing and NMLS authority. Which statement clears the compliance question?
Correct Answer
B) Hawaii mortgage branch or additional-location authority is separate from individual MLO authority when the state requires branch/location licensing or registration.
Hawaii mortgage branch or additional-location authority is separate from individual MLO authority when the state requires branch/location licensing or registration.
Why This Is the Correct Answer
Hawaii mortgage branch or additional-location authority is separate from individual MLO authority when the state requires branch/location licensing or registration.
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