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A quality-control reviewer handling an Oklahoma state-law refresher needs the compliant answer for licensing and NMLS authority. What should the reviewer choose?

Correct Answer

A) Oklahoma licensees must keep mortgage books, records, files, or NMLS records available as required by state law or regulator guidance.

Oklahoma licensees must keep mortgage books, records, files, or NMLS records available as required by state law or regulator guidance.

Answer Options
A
Oklahoma licensees must keep mortgage books, records, files, or NMLS records available as required by state law or regulator guidance.
B
Rely on prior mortgage experience instead of the stated licensing or compliance requirement.
C
Continue the activity and document the issue only if a complaint is later filed.
D
Let the MLO originate while waiting for the Oklahoma status, sponsorship, or renewal issue to be corrected.

Why This Is the Correct Answer

Oklahoma licensees must keep mortgage books, records, files, or NMLS records available as required by state law or regulator guidance.

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