In a Texas state-law refresher, a branch supervisor sees a compliance issue involving licensing and NMLS authority. What should the file reflect?
Correct Answer
B) Texas branch or remote-work authority depends on regulator rules, NMLS records, and company supervision; a company should not treat an unreported branch or unauthorized location as automatically approved.
Texas branch or remote-work authority depends on regulator rules, NMLS records, and company supervision; a company should not treat an unreported branch or unauthorized location as automatically approved.
Why This Is the Correct Answer
Texas branch or remote-work authority depends on regulator rules, NMLS records, and company supervision; a company should not treat an unreported branch or unauthorized location as automatically approved.
More UST Questions
In a Missouri mortgage file, the loan file reviewer is asked to document licensing and NMLS authority before continuing. Which rule controls?
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