EstatePass
USTmedium11% of exam

A mortgage company asks a loan file reviewer to validate a Pennsylvania supervisory file review involving licensing and NMLS authority. Which statement is reliable?

Correct Answer

B) Pennsylvania licensees must include the licensee unique identifier in all advertisements.

Pennsylvania licensees must include the licensee unique identifier in all advertisements.

Answer Options
A
Treat licensing and NMLS authority as optional because the company has a general Pennsylvania compliance policy.
B
Pennsylvania licensees must include the licensee unique identifier in all advertisements.
C
Postpone the Pennsylvania licensing and NMLS authority issue until the next annual review.
D
Use only the federal baseline and ignore the separate Pennsylvania state requirement.

Why This Is the Correct Answer

Pennsylvania licensees must include the licensee unique identifier in all advertisements.

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