EstatePass
USTeasy11% of exam

A compliance trainer wants one accurate takeaway about Oklahoma advertising and consumer-protection controls. Which statement should be used?

Correct Answer

C) Oklahoma Title 160 Chapter 55 supplies rule coverage for mortgage brokers, mortgage lenders, and mortgage loan originators.

Oklahoma Title 160 Chapter 55 supplies rule coverage for mortgage brokers, mortgage lenders, and mortgage loan originators.

Answer Options
A
Postpone the Oklahoma advertising and consumer-protection controls issue until the next annual review.
B
Use only the federal baseline and ignore the separate Oklahoma state requirement.
C
Oklahoma Title 160 Chapter 55 supplies rule coverage for mortgage brokers, mortgage lenders, and mortgage loan originators.
D
Apply the rule only after the Oklahoma regulator has already opened an examination.

Why This Is the Correct Answer

Oklahoma Title 160 Chapter 55 supplies rule coverage for mortgage brokers, mortgage lenders, and mortgage loan originators.

Was this explanation helpful?

More UST Questions

People Also Study

Related Study Resources

Practice More MLO Questions

Access all practice questions with progress tracking and adaptive difficulty to pass your SAFE MLO exam.

Start Practicing