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A quality-control reviewer handling a New Jersey advertising approval needs the compliant answer for licensing and NMLS authority. What should the reviewer choose?

Correct Answer

D) The RMLA defines a unique identifier as a number or other identifier assigned by NMLS to a mortgage loan originator or qualified individual licensee.

The RMLA defines a unique identifier as a number or other identifier assigned by NMLS to a mortgage loan originator or qualified individual licensee.

Answer Options
A
Treat the timing or filing requirement as optional if the transaction appears low risk.
B
Assume the New Jersey requirement does not apply to this company policy update.
C
Treat licensing and NMLS authority as satisfied by borrower consent alone.
D
The RMLA defines a unique identifier as a number or other identifier assigned by NMLS to a mortgage loan originator or qualified individual licensee.

Why This Is the Correct Answer

The RMLA defines a unique identifier as a number or other identifier assigned by NMLS to a mortgage loan originator or qualified individual licensee.

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