Finance
An Arizona FHA-approved lender who originates FHA loans is subject to oversight by:
AThe ADRE
BHUD/FHA and must comply with FHA guidelines to maintain their FHA approval✓ Correct
CThe Federal Reserve only
DThe Arizona Department of Financial Institutions only
Explanation
FHA-approved lenders are subject to HUD/FHA oversight, compliance requirements, and regular reviews. They must maintain their FHA approval status by following FHA origination, underwriting, and servicing guidelines.
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