Which of the following is not listed as a prohibited act under the Minnesota S.A.F.E. Act?

Assessing a borrower's ability to repay a mortgage loan is a critical component of responsible lending practices and is actually encouraged by the Minnesota S.A.F.E. Act. This assessment, also known as a "ability to repay (ATR)" evaluation, ensures that lenders make informed decisions based on the borrower's financial history, including creditworthiness and income stability. This process is designed to protect consumers from taking on unaffordable debt and to uphold the integrity of the lending process.

In contrast, providing false information during loan closure, failing to update loan terms during the process, and marketing loans without proper disclosures are all considered prohibited acts because they undermine transparency and can lead to consumer deception. Each of these actions could harm the borrower and violate regulatory standards designed to ensure that the lending process is fair and equitable. Thus, option B stands out as the correct choice, as it reflects a necessary and lawful activity in the mortgage lending process, rather than a prohibited one.