Which of the following is a required element of the criminal background review for a state MLO license applicant?

a.The applicant must never have received a parking ticket
b.The applicant must submit a personal reference letter in place of fingerprints
c.The applicant must submit fingerprints for a criminal history background check, and cannot have certain felony convictions within the disqualifying period
d.The applicant must have a college degree in finance

Giải thích

Applicants must submit fingerprints so NMLS can obtain a criminal history background check. The SAFE Act permanently bars anyone convicted of a felony involving fraud, dishonesty, breach of trust, or money laundering, and bars applicants with any felony in the seven years preceding application. Minor infractions and degrees are not the standard.

Trích dẫn luật: SAFE Act

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