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A supervisor wants to avoid a New York licensing error related to records, reports, and required notices. Which statement is safest to rely on?

Correct Answer

C) New York Article 12-D grounds for discipline include violations of Article 12-D, rules, orders, dishonest practices, and conduct showing unfitness to conduct mortgage banking or brokerage.

New York Article 12-D grounds for discipline include violations of Article 12-D, rules, orders, dishonest practices, and conduct showing unfitness to conduct mortgage banking or brokerage.

Answer Options
A
Continue the activity and document the issue only if a complaint is later filed.
B
Let the MLO originate while waiting for the New York status, sponsorship, or renewal issue to be corrected.
C
New York Article 12-D grounds for discipline include violations of Article 12-D, rules, orders, dishonest practices, and conduct showing unfitness to conduct mortgage banking or brokerage.
D
Let production staff decide whether licensing and NMLS authority matters for the file.

Why This Is the Correct Answer

New York Article 12-D grounds for discipline include violations of Article 12-D, rules, orders, dishonest practices, and conduct showing unfitness to conduct mortgage banking or brokerage.

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