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A Wisconsin file is paused during a scope, definitions, and exemptions review because of scope, definitions, and exemptions. Which statement clears the compliance question?

Correct Answer

A) Wisconsin DFI provides NMLS Consumer Access as the licensee search tool for Wisconsin licensed mortgage bankers, mortgage brokers, and mortgage loan originators.

Wisconsin DFI provides NMLS Consumer Access as the licensee search tool for Wisconsin licensed mortgage bankers, mortgage brokers, and mortgage loan originators.

Answer Options
A
Wisconsin DFI provides NMLS Consumer Access as the licensee search tool for Wisconsin licensed mortgage bankers, mortgage brokers, and mortgage loan originators.
B
Allow the activity whenever the individual has general mortgage experience.
C
Treat company licensing alone as enough for every individual MLO activity.
D
Ignore the state condition if the consumer file is otherwise complete.

Why This Is the Correct Answer

Wisconsin DFI provides NMLS Consumer Access as the licensee search tool for Wisconsin licensed mortgage bankers, mortgage brokers, and mortgage loan originators.

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