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A company entering the Kansas market is documenting rules for SAFE testing. Which statement is accurate?

Correct Answer

C) Kansas OSBC applications and forms provide the official licensing path for Kansas mortgage loan originators and mortgage companies.

Kansas OSBC applications and forms provide the official licensing path for Kansas mortgage loan originators and mortgage companies.

Answer Options
A
Treat consumer consent as a cure for a prohibited or missing compliance step.
B
Treat the timing or filing requirement as optional if the transaction appears low risk.
C
Kansas OSBC applications and forms provide the official licensing path for Kansas mortgage loan originators and mortgage companies.
D
Assume the Kansas requirement does not apply to this loan-originator transfer.

Why This Is the Correct Answer

Kansas OSBC applications and forms provide the official licensing path for Kansas mortgage loan originators and mortgage companies.

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