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Terms Used In Kansas Statutes 58-2341

  • Lender: means all state and national banks, trust companies, state and federally chartered savings and loan associations, federally chartered savings banks or state and federally chartered credit unions or any person making a home loan;

    (b) "selling lender" means a lender who sells, assigns or transfers the servicing of a loan to a purchasing lender or a servicing agent;

    (c) "purchasing lender" means a lender or servicing agent who buys the servicing of a loan from a selling lender;

    (d) "home" means a dwelling or dwellings for not more than four families. See Kansas Statutes 58-2337

The selling lender is not subject to the provisions of Kan. Stat. Ann. § 58-2339.