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An Oklahoma file is paused during a regulator exam preparation because of licensing and NMLS authority. Which statement clears the compliance question?

Correct Answer

D) Oklahoma consumers can use the state regulator complaint process or NMLS Consumer Access when checking mortgage licensing or reporting mortgage issues.

Oklahoma consumers can use the state regulator complaint process or NMLS Consumer Access when checking mortgage licensing or reporting mortgage issues.

Answer Options
A
Use an informal manager exception without updating the license, file, or required record.
B
Use a verbal explanation instead of the required license status, disclosure, record, or filing.
C
Use a branch onboarding review exception instead of satisfying the rule before activity continues.
D
Oklahoma consumers can use the state regulator complaint process or NMLS Consumer Access when checking mortgage licensing or reporting mortgage issues.

Why This Is the Correct Answer

Oklahoma consumers can use the state regulator complaint process or NMLS Consumer Access when checking mortgage licensing or reporting mortgage issues.

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