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Terms Used In Maine Revised Statutes Title 9-A Sec. 9-312

  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • Mortgage loan: A loan made by a lender to a borrower for the financing of real property. Source: OCC
A supervised lender, or any mortgage loan originator of a supervised lender, may not knowingly permit, encourage or assist a consumer to submit false information on any application for credit, nor may a supervised lender or mortgage loan originator of a supervised lender knowingly falsify such information on a consumer’s application. [PL 2011, c. 427, Pt. B, §13 (AMD).]
SECTION HISTORY

PL 2007, c. 273, Pt. A, §26 (NEW). PL 2007, c. 273, Pt. A, §41 (AFF). PL 2011, c. 427, Pt. B, §13 (AMD).