B Session 1- Question 27 of 120 120 Reviewing All Questions about in Tosk DO Uniform State Content A borrower submits three pay stubs to a mortgage loan originator (MLO). The MLO notices the pay stubs reflect fluctuating income, even though the borrower reported being salaried. The MLO should take which of the following actions, if any? Immediately deny the application File a Suspicious Activity Report (SAR) Contact the borrower to discuss the questionable pay stubs Do nothing and trust the borrower has provided correct information 9430

B Session 1- Question 27 of 120 120 Reviewing All Questions about in Tosk DO Uniform State Content A borrower submits three pay stubs to a mortgage loan originator (MLO). The MLO notices the pay stubs reflect fluctuating income, even though the borrower reported being salaried. The MLO should take which of the following actions, if any? Immediately deny the application File a Suspicious Activity Report (SAR) Contact the borrower to discuss the questionable pay stubs Do nothing and trust the borrower has provided correct information 9430

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

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