Wyoming License Law
Under Wyoming license law, a licensee who engages in mortgage fraud may face all of the following EXCEPT:
ALicense revocation
BFederal criminal prosecution
CCivil liability to harmed parties
DA mandatory 30-day license suspension as the maximum penalty✓ Correct
Explanation
Mortgage fraud is a serious offense that can result in license revocation, federal criminal prosecution, and civil liability. There is no maximum penalty cap of 30 days suspension—penalties can include permanent revocation, significant fines, and federal prison time.
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