Mortgage loan originator means any institution which originated a Mortgage Loan for a related Borrower.

Mortgage loan originator means an individual who for compensation or gain or in the expectation of compensation or gain:

Mortgage loan originator means an individual who, for compensation or gain, or in the expectation of compensation or gain, regularly engages in taking a mortgage transaction application or in offering or negotiating the terms of a mortgage transaction that either is made under this article or under IC 24-4.4 or is made by an employee of a person licensed or exempt from licensing under this article or under IC 24-4.4, while the employee is engaging in the loan brokerage business. The term does not include the following:

Examples of Mortgage loan originator in a sentence

Mortgage loan originator" means an individual who for compensation or gain or in the expectation of compensation or gain takes a residential mortgage loan application or offers or negotiates terms of a residential mortgage loan.
Mortgage loan originator identifierA Financial Institution reports the Nationwide Mortgage Licensing System and Registry identifier (NMLSR ID) for the mortgage loan originator, as defined in Regulation G, 12 CFR Part 1007, or Regulation H, 12 Part 1008, as applicable.
Mortgage loan originator licenses issued on or after July 1, 2010, shallannually expire on the thirty-first day of December biennially.
Mortgage loan originator bond coverage shall not be canceled by either the employing licensed or registered mortgage broker or mortgage lender, the mortgage loan originator licensee or the corporate surety except upon notice to the Department by registered or certified mail or statutory overnight delivery with return receipt requested.
Mortgage loan originator also includes an individual who for compensation or gain performs residential mortgage loan modification services or holds himself or herself out as being able to perform residential mortgage loan modification services.Mortgage loan originator also includes an individual who holds himself or herself out as being able to perform any of the activities described in this definition.

More Definitions of Mortgage loan originator

Mortgage loan originator means an individual who for compensation or gain or with the expectation of compensation or gain, either for such individual or for the person employing or retaining such individual, (A) takes a residential mortgage loan application, or (B) offers or negotiates terms of a residential mortgage loan. "Mortgage loan originator" does not include (i) an individual engaged solely as a loan processor or underwriter; (ii) a person who only performs real estate brokerage activities and is licensed in accordance with chapter 392, unless the person is compensated by a mortgage lender, mortgage correspondent lender, mortgage broker or other mortgage loan originator or by any agent of such mortgage lender, mortgage correspondent lender, mortgage broker or other mortgage loan originator; (iii) a person solely involved in extensions of credit relating to timeshare plans, as that term is defined in Paragraph 53D of 11 USC 101; or (iv) any individual who solely renegotiates terms for existing mortgage loans on behalf of a mortgagee and who does not otherwise act as a mortgage loan originator, unless the United States Department of Housing and Urban Development, the Bureau of Consumer Financial Protection or a court of competent jurisdiction determines that the S.A.F.E. Mortgage Licensing Act of 2008, 12 USC Section 5101 et seq., requires such individual to be licensed as a mortgage loan originator under state laws implementing said S.A.F.E. Mortgage Licensing Act;

Mortgage loan originator means an individual who originates residential mortgage loans and meets all of the following:

Mortgage loan originator means an individual who for compensation or gain, or in the expectation of compensation or gain, does any of the following:

Mortgage loan originator means an individual who for compensation or gain or in the expectation of compensation or gain takes a residential mortgage loan application or offers or negotiates terms of a residential mortgage loan. “Mortgage loan originator” does not include any of the following:

Mortgage loan originator means an individual who (i) takes an application for or offers or

Mortgage loan originator means an individual

Mortgage loan originator or "loan originator" means an individ ual who for direct or indirect compensation or gain or in the expecta tion of direct or indirect compensation or gain (1) takes a residen tial mortgage loan application; or (2) offers or negotiates terms of a residential mortgage loan, including short sale transactions. An indi vidual "offers or negotiates terms of a residential mortgage loan" if the individual: