Allison is a licensed mortgage loan originator working full-time for Clear Cut Mortgage Company, a licensed lender. She has been offered the opportunity to work part-time as a mortgage loan originator for the Jones Mortgage Company, another licensed lender, evenings and weekends. Can Allison lawfully accept the second job?A. Yes, her individual MLO license would be transferable between the two licensed lenders.
B. No, a mortgage loan originator is prohibited from working for two companies as a MLO at the same time.
C. No, working for two lending companies at the same time may cause a conflict of interests.
D. Yes, however, she must apply for a dual license which allows her to work for both companies

Answers

Answer 1
Answer:

Answer:

I BELIVE IS

Explanation:

No, a MLO is prohibited from working for two companies at the same time. HOPE IT HELPS


Related Questions

Suppose the price level reflects the number of dollars needed to buy a basket of goods containing one can of soda, one bag of chips, and one comic book. In year one, the basket costs $8.00. In year two, the price of the same basket is $7.00. From year one to year two, there is (blank) at an annual rate of (blank) (how do i calculate the rate?)In year one, $40.00 will buy (blank) baskets, and in year two, $40.00 will buy(blank)
The analysis of the competitive environment that has been conducted utilizes the work of:
• What is value chain analysis?
Two units of the same type of money must be the same in terms of what they will buy, which is the principle of? .
Producers/firms are most commonly connected toA. price. B. supply. C. demand. D. opportunity cost.

You are a manager who has run into some conflict between two of your departments. Both departments are overworked and complaining that the other department has it easier. You need these departments to work together to come up with a solution and remain on good terms. Which conflict management strategy would be most​ effective?

Answers

Answer:

Collaboration.

Explanation:

Collaboration is the process by which two or more people or group's come together to achieve a particular goal. It usually needs leadership to guide it's activities, and is similar to cooperation.

The departments are complaining and saying the other one has it easy. Bother departments are functioning independently.of one another and so cannot understand the unique challenges faced by the other team.

When they collaborate they pool their resources together to achieve more. They also get to understand the pain points of the other department and this helps foster a good work environment.

Jane is 22 years old. for her job, she needs to take an intelligence test. which would be the most appropriate test for her age group? (1 point)

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The most appropriate intelligence test would be the WAIS IV test. This test is used for anyone between the age of 16 and 90 years old. It is frequently used to test adults and older adolescents. This intelligence test can be used for many different purposes (anything from job qualifications to treating psychological disorders).

In the ____ stage of selecting information technology projects, organizations define project scope, benefits, and constraints. a) Project Planning b) Business Area Analysis c) Resource Allocation d) Information Technology Strategy Planning

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Answer:

The correct option is A,project planning.

Explanation:

In the project planning stage which centers on IT projects,the scope of the project refers to the different parts or milestones making up the project.The scope of the project is a function of the magnitude of the problem it meant to solve.

Cost/benefits analysis is also  a key feature of such planning,as it is only worthwhile investing in  project whose benefits outweigh its costs.

Lastly, envisaging likely constraints is also important in order that adequate mitigating plans can be put in place.

What type of integration best describes the type of organization bp is?

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The type of integration that best describes the type of organization BP is vertical. 

Total pay before deductions is known as

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I believe the answer is: Gross pay

When employees receive their monthly salaries, the amount that they receive is already deducted by the federal government as tax payment or by company's healthcare and pension plan.
The gross pay is the amount of money that the employees would receive if they do not have to pay for any of that stuff.


Total pay before deductions is known as Gross pay.It includes including allowances, overtime pay, commissions, and bonuses, and any other amounts, before any deductions are made.The employee will only have access to net pay for the purpose of paying bills, rent, etc.

Link between economic wants and preferences

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Economic wants are the products and goods that people need and want; if they had unlimited purchasing power, they would want to obtain all of them.

In contrast economic preferences are compared to something, so while you might prefer one thing to another, you might not necessarily need it, or you might even need and want both of them!