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In an Ohio renewal checklist, an audit analyst sees a compliance issue involving licensing and NMLS authority. What should the file reflect?

Correct Answer

C) Ohio company registration applications must be in writing, under oath, in a superintendent-prescribed NMLS-compliant form, and include a $700 nonrefundable fee for each office location plus any NMLS fee.

Ohio company registration applications must be in writing, under oath, in a superintendent-prescribed NMLS-compliant form, and include a $700 nonrefundable fee for each office location plus any NMLS fee.

Answer Options
A
Let the MLO originate while waiting for the Ohio status, sponsorship, or renewal issue to be corrected.
B
Let production staff decide whether continuing education and renewal matters for the file.
C
Ohio company registration applications must be in writing, under oath, in a superintendent-prescribed NMLS-compliant form, and include a $700 nonrefundable fee for each office location plus any NMLS fee.
D
Skip documentation because the state-law refresher appears routine.

Why This Is the Correct Answer

Ohio company registration applications must be in writing, under oath, in a superintendent-prescribed NMLS-compliant form, and include a $700 nonrefundable fee for each office location plus any NMLS fee.

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