Uniform State Content (SAFE Act)Question 384 of 400
An MLO places a radio advertisement for mortgage services. Under the SAFE Act, what must the advertisement include regarding the unique identifier?
a.The identifier of the borrower who will receive the loan
b.Only the company's mailing address, not any identifier
c.The identifier is never required in advertising, only in loan applications
d.The MLO's NMLS unique identifier, so consumers can verify the MLO's licensing status
Explanation
The SAFE Act's unique-identifier requirements extend to advertisements and solicitations. An MLO's NMLS unique identifier must be included so that consumers can look up the MLO's licensing status. Advertising a mortgage without the required identifier can constitute a violation.
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