A Pennsylvania file is paused during an MLO sponsorship update because of licensing and NMLS authority. Which statement clears the compliance question?
Correct Answer
A) Pennsylvania DoBS states its Non-Depository Licensing Office does not issue license or registration certificates, and licensees or registrants can print state license information from NMLS Consumer Access.
Pennsylvania DoBS states its Non-Depository Licensing Office does not issue license or registration certificates, and licensees or registrants can print state license information from NMLS Consumer Access.
Why This Is the Correct Answer
Pennsylvania DoBS states its Non-Depository Licensing Office does not issue license or registration certificates, and licensees or registrants can print state license information from NMLS Consumer Access.
More UST Questions
In a Missouri mortgage file, the loan file reviewer is asked to document licensing and NMLS authority before continuing. Which rule controls?
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