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An operations lead documents a Wisconsin supervisory file review and needs one rule for licensing and NMLS authority. Which statement belongs in the file?

Correct Answer

A) Wisconsin DFI makes licensee search available through NMLS Consumer Access for Wisconsin licensed mortgage bankers, brokers, and loan originators.

Wisconsin DFI makes licensee search available through NMLS Consumer Access for Wisconsin licensed mortgage bankers, brokers, and loan originators.

Answer Options
A
Wisconsin DFI makes licensee search available through NMLS Consumer Access for Wisconsin licensed mortgage bankers, brokers, and loan originators.
B
Skip the Wisconsin requirement because the company already follows general SAFE Act procedures.
C
Treat licensing and NMLS authority as optional because the company has a general Wisconsin compliance policy.
D
Postpone the Wisconsin licensing and NMLS authority issue until the next annual review.

Why This Is the Correct Answer

Wisconsin DFI makes licensee search available through NMLS Consumer Access for Wisconsin licensed mortgage bankers, brokers, and loan originators.

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