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For a Tennessee consumer complaint response, a state compliance officer is training staff on licensing and NMLS authority. Which answer should be used?

Correct Answer

A) Tennessee permits NMLS Consumer Access searches by originator name, company, city, state, NMLS ID, and license number for mortgage providers.

Tennessee permits NMLS Consumer Access searches by originator name, company, city, state, NMLS ID, and license number for mortgage providers.

Answer Options
A
Tennessee permits NMLS Consumer Access searches by originator name, company, city, state, NMLS ID, and license number for mortgage providers.
B
Use a verbal explanation instead of the required license status, disclosure, record, or filing.
C
Use a record-retention audit exception instead of satisfying the rule before activity continues.
D
Close or renew first, then decide whether the record-retention audit needs a compliance correction.

Why This Is the Correct Answer

Tennessee permits NMLS Consumer Access searches by originator name, company, city, state, NMLS ID, and license number for mortgage providers.

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