Arizona License Law
An Arizona real estate licensee who is also a mortgage loan originator must comply with licensing requirements under:
AADRE rules only
BThe Secure and Fair Enforcement for Mortgage Licensing Act (SAFE Act) in addition to ADRE rules✓ Correct
COnly the Dodd-Frank Wall Street Reform Act
DNo additional licensing since the real estate license covers mortgage activities
Explanation
Real estate licensees who originate mortgage loans must also be licensed as mortgage loan originators under the SAFE Act, which requires registration with the Nationwide Mortgage Licensing System (NMLS).
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