Under PHIFA, which ad would violate rules unless properly licensed?

• A. An ad that targets first-time homebuyers who are eligible for VA loans
• B. An ad that targets homeowners in danger of foreclosure and indicates the licensee can offer guidance
• C. An ad that targets individuals who are age 55 or older and may qualify for a reverse mortgage
• D. An ad that targets low-income individuals in need of down payment assistance

Answer: (B)