A mortgage company employs two staff members in its loan operations department. Employee A organizes incoming loan documents into folders and routes completed files to the assigned MLO without reviewing their content. Employee B reviews loan applications for completeness, recommends specific loan programs to borrowers based on their financial profiles, and discusses potential interest rates with borrowers before the application is assigned to an MLO. Which employee requires an MLO license?

Only Employee A, because they are the first to handle the borrower's documents Both Employee A and Employee B, because they each handle loan-related documents Employee B only, because recommending loan products and discussing interest rates with borrowers constitutes MLO activity under the SAFE Act Neither employee, because neither one formally submits the final loan application to an underwriter