a Texas compliance file raises an application and licensing qualifications question involving mortgage-loan originator services are not complete merely because an application is taken; compliance duties continue through origination, required. Which statement is supported by the state rule?
Correct Answer
A) Texas mortgage advertising and disclosures must follow the required content, identifier, and anti-misleading rules.
Texas mortgage-loan originator services are not complete merely because an application is taken; compliance duties continue through origination, required disclosures, regulator rules, and transaction completion.
Why This Is the Correct Answer
Texas mortgage-loan originator services are not complete merely because an application is taken; compliance duties continue through origination, required disclosures, regulator rules, and transaction completion.
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