For how long must records of advertising be maintained?

Records of advertising must be maintained for a period of three years. This requirement is put in place to ensure that mortgage professionals can provide evidence of compliance with advertising regulations and practices. Keeping records for this duration allows regulators to review how a company has marketed its services, ensuring that all claims made are truthful and compliant with legal standards.

Maintaining records for three years supports accountability and transparency within the industry, as it provides a sufficient timeframe for audits and reviews by regulatory authorities. This period aligns with other regulatory expectations concerning documentation retention, promoting consistency across various compliance requirements in the financial services sector.