What was one purpose of implementing a centralized system of mortgage licensing?
A. To reduce the number of industry regulators
B. To implement a centralized system for tracking mortgage professionals
C. To generate revenue for the federal government
D. To reduce and limit the number of loan originators
Answer:B
What was one purpose of implementing a centralized system of mortgage licensing?
A. To reduce the number of industry regulators B. To implement a centralized system for tracking mortgage professionals C. To generate revenue for the federal government D. To reduce and limit the number of loan originators