Before approving the MLO sponsorship update, a South Carolina renewal specialist checks continuing education and renewal. Which conclusion is best supported?
Correct Answer
C) A South Carolina application must include information the commissioner requires, including identity, proposed business locations if applicable, business history, credit history for loan originator applicants, and consent to a national fingerprint-based criminal history record check.
A South Carolina application must include information the commissioner requires, including identity, proposed business locations if applicable, business history, credit history for loan originator applicants, and consent to a national fingerprint-based criminal history record check.
Why This Is the Correct Answer
A South Carolina application must include information the commissioner requires, including identity, proposed business locations if applicable, business history, credit history for loan originator applicants, and consent to a national fingerprint-based criminal history record check.
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A Delaware MLO violates a federal law applicable to business conducted under the Delaware MLO chapter. Can that matter for Delaware discipline?
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