What is the name of the report that licensees must submit each year to relaying information about their business and operations?

The correct response is the Mortgage Call Report. This report is a critical requirement for licensees in the mortgage industry, as it serves as a tool for regulatory authorities to monitor the business practices and operations of mortgage loan originators. The Mortgage Call Report captures key information regarding the licensee's mortgage activities, including the number of loans originated, the loan types, and other operational details. Submitting this report helps ensure transparency and compliance with state and federal regulations, facilitating proper oversight of the mortgage industry.

In contrast, the other options do not reflect the formal requirement for annual reporting in the mortgage industry. An Annual Business Review may encompass broader analysis but isn't mandated as the Mortgage Call Report is. The Operational Compliance Report sounds relevant too but does not specifically fit the annual reporting requirement for mortgage loan originators. Similarly, a Loan Activity Summary could provide a snapshot of loan activities but lacks the comprehensive regulatory framework and details required by the Mortgage Call Report.