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

Correct Answer

A) New Mexico mortgage licensing workflows use NMLS for license maintenance and state regulator review.

New Mexico mortgage licensing workflows use NMLS for license maintenance and state regulator review.

Answer Options
A
New Mexico mortgage licensing workflows use NMLS for license maintenance and state regulator review.
B
Use another jurisdiction's approval as a substitute for the New Mexico requirement.
C
Treat the requirement as waived because the borrower or employer agrees.
D
Assume another state's approval automatically satisfies the New Mexico requirement.

Why This Is the Correct Answer

New Mexico mortgage licensing workflows use NMLS for license maintenance and state regulator review.

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