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A renewal specialist compares company policy with Kentucky requirements during a new-license application. Which statement fits licensing and NMLS authority?

Correct Answer

C) Kentucky unlicensed residential mortgage origination, brokering, lending, servicing, or related mortgage activity can trigger state enforcement when no exemption applies.

Kentucky unlicensed residential mortgage origination, brokering, lending, servicing, or related mortgage activity can trigger state enforcement when no exemption applies.

Answer Options
A
Continue the activity and document the issue only if a complaint is later filed.
B
Let the MLO originate while waiting for the Kentucky status, sponsorship, or renewal issue to be corrected.
C
Kentucky unlicensed residential mortgage origination, brokering, lending, servicing, or related mortgage activity can trigger state enforcement when no exemption applies.
D
Let production staff decide whether continuing education and renewal matters for the file.

Why This Is the Correct Answer

Kentucky unlicensed residential mortgage origination, brokering, lending, servicing, or related mortgage activity can trigger state enforcement when no exemption applies.

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