Indiana Code 23-2.5-7-3. Loan processor or underwriter activities; representation to public
Current as of: 2024 | Check for updates
|
Other versions
Sec. 3. An individual who acts solely as a loan processor or an underwriter shall not represent to the public through:
(2) other means of communicating or providing information, including business cards, stationery, brochures, signs, rate lists, or other promotional items;
(1) advertising; or
Terms Used In Indiana Code 23-2.5-7-3
- 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
that the individual will perform mortgage loan origination activities or otherwise act as a mortgage loan originator.
As added by P.L.175-2019, SEC.2.