If a loan originator discovers an address on a credit report that the applicant didn’t mentioned, s/he should:
A. Ignore it since it probably isn’t important
B. Have the application declined
C. Complete a SAR
D. Question the applicant about it and add it to the application if necessary
Answer:D
If a loan originator discovers an address on a credit report that the applicant didn’t mentioned, s/he should:
A. Ignore it since it probably isn’t important B. Have the application declined C. Complete a SAR D. Question the applicant about it and add it to the application if necessary