Finance
Under the SAFE Act, mortgage loan originators (MLOs) in Texas must be licensed through:
ATREC
BThe Texas Department of Savings and Mortgage Lending (SML)✓ Correct
CThe Texas Office of Consumer Credit Commissioner (OCCC)
DThe Federal Reserve Bank of Dallas
Explanation
The Texas Department of Savings and Mortgage Lending (SML) oversees the licensing of residential mortgage loan originators in Texas under the SAFE Act framework.
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