An Ohio file is paused during an advertising approval because of continuing education and renewal. Which statement clears the compliance question?
Correct Answer
B) Ohio requires an MLO who fails to maintain a valid MLO license for 5 years or longer to retake the written test, excluding time as a registered MLO.
Ohio requires an MLO who fails to maintain a valid MLO license for 5 years or longer to retake the written test, excluding time as a registered MLO.
Why This Is the Correct Answer
Ohio requires an MLO who fails to maintain a valid MLO license for 5 years or longer to retake the written test, excluding time as a registered MLO.
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A sponsorship reviewer handling a Washington loan-originator transfer needs the compliant answer for branch, office, and remote-work controls. What should the reviewer choose?
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A mortgage team is building a Texas procedure for sponsorship and employment status. Which statement matches the state requirement?