An applicant has recent tax liens and a pattern of serious delinquencies. What is the best conclusion under North Carolina MLO law or NCCOB guidance?
Correct Answer
D) NC financial responsibility review may consider judgments, tax liens, foreclosures, and a pattern of seriously delinquent accounts.
NC financial responsibility review may consider judgments, tax liens, foreclosures, and a pattern of seriously delinquent accounts. North Carolina financial responsibility may consider judgments, tax liens, foreclosures, and a pattern of seriously delinquent accounts.
Why This Is the Correct Answer
NC financial responsibility review may consider judgments, tax liens, foreclosures, and a pattern of seriously delinquent accounts. North Carolina financial responsibility may consider judgments, tax liens, foreclosures, and a pattern of seriously delinquent accounts.
More UST Questions
In a Missouri mortgage file, the loan file reviewer is asked to document licensing and NMLS authority before continuing. Which rule controls?
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