Before approving the disciplinary-risk review, an Ohio quality-control reviewer checks licensing and NMLS authority. Which conclusion is best supported?
Correct Answer
C) Ohio requires notice to DFI within 30 days after specified convictions or guilty/no-contest pleas, or after a mortgage registration, license, or comparable authority is revoked in any jurisdiction.
Ohio requires notice to DFI within 30 days after specified convictions or guilty/no-contest pleas, or after a mortgage registration, license, or comparable authority is revoked in any jurisdiction.
Why This Is the Correct Answer
Ohio requires notice to DFI within 30 days after specified convictions or guilty/no-contest pleas, or after a mortgage registration, license, or comparable authority is revoked in any jurisdiction.
More UST Questions
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An Iowa operations lead is reviewing a company policy update tied to licensing and NMLS authority. Which rule should be applied?
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During a Maine disciplinary-risk review, a quality-control reviewer must resolve a question about licensing and NMLS authority. Which statement should control?