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For a Wisconsin advertising approval, a training manager is training staff on licensing and NMLS authority. Which answer should be used?

Correct Answer

A) Wisconsin DFI provides mortgage banking fees separately for mortgage banker, mortgage broker, and loan originator licenses.

Wisconsin DFI provides mortgage banking fees separately for mortgage banker, mortgage broker, and loan originator licenses.

Answer Options
A
Wisconsin DFI provides mortgage banking fees separately for mortgage banker, mortgage broker, and loan originator licenses.
B
Postpone the Wisconsin licensing and NMLS authority issue until the next annual review.
C
Use only the federal baseline and ignore the separate Wisconsin state requirement.
D
Apply the rule only after the Wisconsin regulator has already opened an examination.

Why This Is the Correct Answer

Wisconsin DFI provides mortgage banking fees separately for mortgage banker, mortgage broker, and loan originator licenses.

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