Finance
What is the purpose of the Nevada Mortgage Lending Division?
ATo license real estate salespersons
BTo regulate mortgage brokers and mortgage agents✓ Correct
CTo manage state-owned foreclosure properties
DTo set interest rates for home loans in Nevada
Explanation
The Nevada Mortgage Lending Division (MLD) licenses and regulates mortgage brokers and mortgage agents in Nevada. Real estate salespersons are licensed through the Nevada Real Estate Division (NRED).
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