A policy analyst documents a Texas training scenario and needs one rule for licensing and NMLS authority. Which statement belongs in the file?
Correct Answer
B) Texas RMLO exclusions are role-specific and do not allow blanket origination activity.
Texas RMLO licensing exclusions cover administrative or clerical tasks, certain real estate brokerage activity not compensated by a lender or mortgage entity, and other statutory carveouts; exemptions are role-specific and not blanket permission to originate.
Why This Is the Correct Answer
Texas RMLO licensing exclusions cover administrative or clerical tasks, certain real estate brokerage activity not compensated by a lender or mortgage entity, and other statutory carveouts; exemptions are role-specific and not blanket permission to originate.
More UST Questions
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