A lender preparing a West Virginia company policy update asks a branch supervisor about licensing and NMLS authority. Which response should be followed?
Correct Answer
D) West Virginia consumers can use the state regulator complaint process or NMLS Consumer Access when checking mortgage licensing or reporting mortgage issues.
West Virginia consumers can use the state regulator complaint process or NMLS Consumer Access when checking mortgage licensing or reporting mortgage issues.
Why This Is the Correct Answer
West Virginia consumers can use the state regulator complaint process or NMLS Consumer Access when checking mortgage licensing or reporting mortgage issues.
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In a Florida annual compliance meeting, a licensing coordinator sees a compliance issue involving licensing and NMLS authority. What should the file reflect?
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