12. Which of the following is false about a Mortgage Loan Originator (MLO) license or endorsement? a. Mortgage Loan Originator (MLO) requirements are determined under the Mortgage Loan Originator NMLS/SAFE Act. b. Any California-licensed real estate salesperson or California- licensed real estate broker is legally entitled to perform mortgage origination/real property lending services to the public. c. Before a California-licensed real estate salesperson or California- licensed real estate broker performs mortgage origination/real property lending services to the public, that salesperson or broker also must obtain a Mortgage Loan Originator (MLO) license or endorsement. d. A person acting as an MLO in California without a proper MLO license or MLO endorsement is guilty of a crime punishable by six (6) months in prison, plus a fine of up to $20,000.