The administrative body existing within the DRE to help in regulating mortgage professionals is:

• A. The Residential Mortgage Regulatory Commission
• B. The State Mortgage Board
• C. The Consumer Finance Commission
• D. The Mortgage Licensing Council

Answer: (A)

The main concept here is understanding who regulates mortgage professionals inside the Department of Real Estate. The Administrative body within the DRE that oversees licensing and regulation of mortgage professionals is the Residential Mortgage Regulatory Commission. This group is specifically focused on residential mortgage activities, issuing licenses, setting standards, and handling enforcement and disciplinary matters for mortgage brokers, lenders, and originators. The other options don’t align with the DRE’s internal regulatory structure: a State Mortgage Board isn’t the named internal regulator within the DRE, a Consumer Finance Commission covers broader consumer finance issues, and a Mortgage Licensing Council wouldn’t be the DRE’s internal authority for mortgage regulation. So, the Residential Mortgage Regulatory Commission is the correct choice because its purpose and placement match the DRE’s role in supervising mortgage professionals.