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During an Ohio supervisory file review, a policy analyst must resolve a question about licensing and NMLS authority. Which statement should control?

Correct Answer

A) 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
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.
B
Treat licensing and NMLS authority as satisfied by borrower consent alone.
C
Delay the Ohio requirement until after the loan closes or the renewal period ends.
D
Treat consumer consent as a cure for a prohibited or missing compliance step.

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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