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 Compliance Advisor

Compliane Adv LOGOWhen an ‘on-line’ application comes in, it is assigned to a loan officer who then contacts the applicants.  If the application is approved, early disclosure are sent out, which contain the assigned loan officer’s MLO number.  If it is denied, an Adverse Action Notice is sent out, which does not contain the assigned loan officer’s MLO number. Does the assigned loan officer’s MLO number need to be on the Adverse Action Notice?  

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