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A policy analyst handling a Pennsylvania consumer complaint response needs the compliant answer for licensing and NMLS authority. What should the reviewer choose?

Correct Answer

B) Pennsylvania requires the Department to issue or refuse a completed license application within 60 days, with one additional 30-day extension if necessary and written notice of the final decision date.

Pennsylvania requires the Department to issue or refuse a completed license application within 60 days, with one additional 30-day extension if necessary and written notice of the final decision date.

Answer Options
A
Treat consumer consent as a cure for a prohibited or missing compliance step.
B
Pennsylvania requires the Department to issue or refuse a completed license application within 60 days, with one additional 30-day extension if necessary and written notice of the final decision date.
C
Treat the timing or filing requirement as optional if the transaction appears low risk.
D
Assume the Pennsylvania requirement does not apply to this remote-work procedure.

Why This Is the Correct Answer

Pennsylvania requires the Department to issue or refuse a completed license application within 60 days, with one additional 30-day extension if necessary and written notice of the final decision date.

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