NMLS Mortgage Loan Origination (SAFE MLO) Exam MLO Question # 13 Topic 2 Discussion

NMLS Mortgage Loan Origination (SAFE MLO) Exam MLO Question # 13 Topic 2 Discussion

MLO Exam Topic 2 Question 13 Discussion:
Question #: 13
Topic #: 2

If an applicant provides a waiver for the requirement to receive their appraisal three business days prior to a loan's consummation and the transaction ends up not closing at all, a creditor must still provide a copy of the appraisal no later than how many days after the creditor determines consummation will not occur?


A.

10 days


B.

30 days


C.

45 days


D.

60 days


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