Mortgage lender definition

Mortgage lender means a domestic or foreign corporation authorized in this state to make loans secured by mortgages or deeds of trust.
Mortgage lender means a “lender” as defined in the Act and which has been approved by the Authority pursuant to the Rules and Regulations.
Mortgage lender shall have the meaning set forth in the recitals to this Agreement, together with its successors and assigns.

Examples of Mortgage lender in a sentence

  • Must be authorized to do business in the Commonwealth of Virginia and be licensed as a mortgage lender under the Virginia Mortgage Lender and Broker Act.

  • According to Homecomings, that provision of the statute only penalized an “unlicensed” person who made or assisted a borrower in obtaining a mortgage loan and not a “licensed” person who violated a provision of the Maryland Mortgage Lender Law (the “MMLL”).


More Definitions of Mortgage lender

Mortgage lender means a state or national bank, state or federal savings and loan association, mortgage company, insurance company, state pension fund, or any other financial institution, intermediary, or entity authorized to make mortgage loans in this state.
Mortgage lender shall have the meaning set forth in the recitals hereto.
Mortgage lender means a person who acts as a mortgage lender as that term is defined in item (2) or engages in the business of servicing mortgage loans for others or collecting or otherwise receiving mortgage loan payments directly from borrowers for distribution to another person. This definition does not include engaging in a tablefunded transaction.
Mortgage lender means a person that, directly or indirectly, makes or offers to make mortgage loans.
Mortgage lender means a first mortgage lender, a first mortgage correspondent lender, or both;
Mortgage lender means any person who directly or indirectly originates or makes mortgage loans.
Mortgage lender means a person engaged in the business of making residential mortgage loans in such person's own name utilizing such person's own funds or by funding loans through a warehouse agreement, table funding agreement or similar agreement;