Which of the following communications from an MLO would require immediate disclosure of the MLO's NMLS identifier?
Correct Answer
B) An email with specific loan terms and rates
Under the SAFE Act, MLOs must include their unique NMLS identifier in written communications that include specific loan terms, rates, or other substantive loan-related content, as required by 12 CFR 1007.106.
Why This Is the Correct Answer
Under the SAFE Act, MLOs must include their unique NMLS identifier in written communications that include specific loan terms, rates, or other substantive loan-related content, as required by 12 CFR 1007.106.
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