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Before approving the MLO sponsorship update, a Wyoming sponsorship reviewer checks licensing and NMLS authority. Which conclusion is best supported?

Correct Answer

D) Wyoming MLO license applications are processed through NMLS.

Wyoming MLO license applications are processed through NMLS.

Answer Options
A
Apply the Wyoming rule only to company licenses and never to individual MLO activity.
B
Handle sponsorship and employment status with an informal note rather than the required license, disclosure, filing, or record.
C
Use another jurisdiction's approval as a substitute for the Wyoming requirement.
D
Wyoming MLO license applications are processed through NMLS.

Why This Is the Correct Answer

Wyoming MLO license applications are processed through NMLS.

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