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For a Missouri consumer complaint response, a branch supervisor is training staff on licensing and NMLS authority. Which answer should be used?

Correct Answer

B) Missouri MLO licensure and residential mortgage broker law is administered by the Missouri Division of Finance under sections 443.701 to 443.893.

Missouri MLO licensure and residential mortgage broker law is administered by the Missouri Division of Finance under sections 443.701 to 443.893.

Answer Options
A
Continue the activity and document the issue only if a complaint is later filed.
B
Missouri MLO licensure and residential mortgage broker law is administered by the Missouri Division of Finance under sections 443.701 to 443.893.
C
Let the MLO originate while waiting for the Missouri status, sponsorship, or renewal issue to be corrected.
D
Let production staff decide whether licensing and NMLS authority matters for the file.

Why This Is the Correct Answer

Missouri MLO licensure and residential mortgage broker law is administered by the Missouri Division of Finance under sections 443.701 to 443.893.

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