California Financial Code 50128 – As used in this act, the term “principal officer” means an officer …
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As used in this act, the term “principal officer” means an officer with direct responsibility for the conduct of the residential mortgage lender or servicer licensee’s or license applicant’s lending or servicing activities in this state.
(Amended by Stats. 2009, Ch. 160, Sec. 57. (SB 36) Effective October 11, 2009.)
Terms Used In California Financial Code 50128
- Mortgage: The written agreement pledging property to a creditor as collateral for a loan.