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Which statement is most accurate about MOSR work from home limits under North Carolina MLO law or NCCOB guidance?

Correct Answer

B) NCCOB guidance distinguishes MOSRs from MLOs; MOSR employees may work from home but may not originate loans.

NCCOB guidance distinguishes MOSRs from MLOs; MOSR employees may work from home but may not originate loans. NCCOB FAQ distinguishes Mortgage Origination Support Registrants from MLOs; employees of MOSRs may work from home but may not originate loans.

Answer Options
A
Use another jurisdiction's approval as a substitute for the North Carolina requirement.
B
NCCOB guidance distinguishes MOSRs from MLOs; MOSR employees may work from home but may not originate loans.
C
Treat the requirement as waived because the borrower or employer agrees.
D
Assume another state's approval automatically satisfies the North Carolina requirement.

Why This Is the Correct Answer

NCCOB guidance distinguishes MOSRs from MLOs; MOSR employees may work from home but may not originate loans. NCCOB FAQ distinguishes Mortgage Origination Support Registrants from MLOs; employees of MOSRs may work from home but may not originate loans.

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