A compliance memo in Georgia about a renewal checklist needs one rule for advertising and disclosure controls. Which statement should be included?
Correct Answer
D) Georgia mortgage advertising must follow the state's required content, identifier, or anti-misleading rules.
Georgia mortgage advertisements subject to GRMA must comply with Rule 80-11-1 advertising requirements, and advertisement includes material intended to induce the public to apply for a mortgage loan, including print, audio, visual, website, descriptive literature, electronic, billboard, or similar displays.
Why This Is the Correct Answer
Georgia mortgage advertisements subject to GRMA must comply with Rule 80-11-1 advertising requirements, and advertisement includes material intended to induce the public to apply for a mortgage loan, including print, audio, visual, website, descriptive literature, electronic, billboard, or similar displays.
More UST Questions
In a Missouri mortgage file, the loan file reviewer is asked to document licensing and NMLS authority before continuing. Which rule controls?
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