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A company policy memo needs a Mississippi rule for SAFE testing. Which statement should be included?

Correct Answer

D) Mississippi Department of Banking and Consumer Finance is the official state regulator source used for Mississippi mortgage loan originator or mortgage licensing questions in this batch.

Mississippi Department of Banking and Consumer Finance is the official state regulator source used for Mississippi mortgage loan originator or mortgage licensing questions in this batch.

Answer Options
A
Let production staff decide whether continuing education and renewal matters for the file.
B
Skip documentation because the NMLS filing review appears routine.
C
Rely on prior mortgage experience instead of the stated licensing or compliance requirement.
D
Mississippi Department of Banking and Consumer Finance is the official state regulator source used for Mississippi mortgage loan originator or mortgage licensing questions in this batch.

Why This Is the Correct Answer

Mississippi Department of Banking and Consumer Finance is the official state regulator source used for Mississippi mortgage loan originator or mortgage licensing questions in this batch.

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