A manager reviews a proposed New York workflow for temporary authority. Which statement should guide the workflow?
Correct Answer
A) New York temporary authority requires employment by and sponsorship from a DFS licensed or registered mortgage banker or broker and a work location licensed or registered by DFS, plus qualifying prior federal registration or state licensure.
New York temporary authority requires employment by and sponsorship from a DFS licensed or registered mortgage banker or broker and a work location licensed or registered by DFS, plus qualifying prior federal registration or state licensure.
Why This Is the Correct Answer
New York temporary authority requires employment by and sponsorship from a DFS licensed or registered mortgage banker or broker and a work location licensed or registered by DFS, plus qualifying prior federal registration or state licensure.
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A procedure owner compares a supervisory file note with requirements in New Jersey for application and licensing qualifications. Which answer is defensible?
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A training manager documents a South Carolina disciplinary-risk review and needs one rule for sponsorship and employment status. Which statement belongs in the file?