Alaska Statutes 06.60.270 – Removal by entity
Current as of: 2023 | Check for updates
|
Other versions
Terms Used In Alaska Statutes 06.60.270
- department: means the Department of Commerce, Community, and Economic Development. See Alaska Statutes 06.60.990
- licensee: means a person who holds a license issued under this chapter. See Alaska Statutes 06.60.990
- Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
- mortgage licensee: means a person who holds a mortgage license. See Alaska Statutes 06.60.990
- Mortgage loan: A loan made by a lender to a borrower for the financing of real property. Source: OCC
- mortgage loan: means a residential mortgage loan. See Alaska Statutes 06.60.990
A mortgage licensee shall remove a mortgage loan originator licensee from acting as a mortgage loan originator for the mortgage licensee if the department directs the mortgage licensee to remove the mortgage loan originator licensee under Alaska Stat. § 06.60.260.