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A branch supervisor handling a Tennessee loan-originator transfer needs the compliant answer for continuing education and renewal. What should the reviewer choose?

Correct Answer

C) TDFI mortgage license checklists are available through NMLS for Tennessee mortgage license requirements.

TDFI mortgage license checklists are available through NMLS for Tennessee mortgage license requirements.

Answer Options
A
Proceed before the required Tennessee license, sponsorship, disclosure, record, or approval is in place.
B
Use an informal manager exception without updating the license, file, or required record.
C
TDFI mortgage license checklists are available through NMLS for Tennessee mortgage license requirements.
D
Use a verbal explanation instead of the required license status, disclosure, record, or filing.

Why This Is the Correct Answer

TDFI mortgage license checklists are available through NMLS for Tennessee mortgage license requirements.

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