Which of the following is NOT a prohibited practice for mortgage licensees?

Entering contracts for available loan terms is not a prohibited practice for mortgage licensees because it falls within the normal operations of a licensed mortgage professional. Mortgage licensees are expected to negotiate and enter into contracts regarding loan terms, fees, and conditions as part of their job to facilitate financing for borrowers. This practice is essential for providing transparent and fair loan offerings to consumers, enabling them to make informed decisions regarding their mortgage options.

In contrast, the other options relate to unethical or illegal behaviors that can undermine consumer protection and the integrity of the mortgage industry. Claiming improper endorsements violates regulations designed to ensure that endorsements are based on legitimate qualifications and experiences. Collecting unearned fees is considered exploitative, as it involves charging clients for services not rendered, which breaches ethical standards. Allowing unlicensed use of one’s license is against regulatory frameworks established to protect the public, ensuring only qualified individuals offer mortgage services. Overall, only entering contracts for available loan terms aligns with the expected professional conduct of mortgage licensees.