A state licensing agency granted Crook Cromwell a license to act as a mortgage loan originator. Subsequent to the granting of the license, the agency received a supplemental criminal history report which indicated that Crook had been convicted of a money laundering charge in another state. What action can the state licensing agency take?


A. Issue a temporary cease and desist order

B. Refuse to renew Crook’s license

C. Require a hearing with Crook before any other action can be taken

D. Condition issuance of the license against future bad acts