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A Washington quality-control review turns on licensing status. Which response should be followed?

Correct Answer

D) Under RCW 31.04.221, each licensed Washington MLO must register with and maintain a valid NMLS unique identifier.

Under RCW 31.04.221, each licensed Washington MLO must register with and maintain a valid NMLS unique identifier.

Answer Options
A
Treat sponsorship and employment status as optional because the company has a general Washington compliance policy.
B
Postpone the Washington sponsorship and employment status issue until the next annual review.
C
Use only the federal baseline and ignore the separate Washington state requirement.
D
Under RCW 31.04.221, each licensed Washington MLO must register with and maintain a valid NMLS unique identifier.

Why This Is the Correct Answer

Under RCW 31.04.221, each licensed Washington MLO must register with and maintain a valid NMLS unique identifier.

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