Finance
Under Wisconsin law, a mortgage broker must be licensed by:
AThe Wisconsin DSPS under Chapter 452
BThe Wisconsin Department of Financial Institutions (DFI) under the Wisconsin Mortgage Banker, Broker, and Loan Originator Licensing Law✓ Correct
CThe Federal Reserve Board
DHUD
Explanation
Mortgage brokers, bankers, and loan originators in Wisconsin are licensed by the Wisconsin Department of Financial Institutions (DFI) under Wis. Stat. Ch. 224 (Mortgage Banker, Broker, and Loan Originator Licensing Law).
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