A person subject to this chapter shall conduct the person’s mortgage loan activities in compliance with

(1)12 U.S.C. § 26012617 (Real Estate Settlement Procedures Act of 1974);

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Terms Used In Alaska Statutes 06.60.330

  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • person: includes a corporation, company, partnership, firm, association, organization, business trust, or society, as well as a natural person. See Alaska Statutes 01.10.060
  • Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.
  • Statute: A law passed by a legislature.
(2)12 U.S.C. § 28012810 (Home Mortgage Disclosure Act of 1975);
(3)12 U.S.C. § 29012908 (Community Reinvestment Act of 1977);
(4)12 U.S.C. § 51015116 (Secure and Fair Enforcement for Mortgage Licensing Act of 2008);
(5)15 U.S.C. § 16011666j and 16711693r (Consumer Credit Protection Act);
(6)42 U.S.C. § 36013631 (Fair Housing Act of 1968);
(7) any other federal statute the purpose of which is to regulate residential mortgage lending; and
(8) regulations adopted under the statutes identified in (1) – (7) of this section.