Mortgage loan originator definition

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

Examples of Mortgage loan originator in a sentence

  • In lieu of repurchasing any such Mortgage Loan as provided above, if so provided in the Assignment Agreement, the Mortgage Loan Originator or MLMCI, as the case may be, may cause such Mortgage Loan to be removed from the Trust Fund (in which case it shall become a Deleted Mortgage Loan) and substitute one or more Qualified Substitute Mortgage Loans in the manner and subject to the limitations set forth in Section 2.03(d).

  • NO Purchase Owner Occ 97 97 9302 3 1 3 [3] Finance Charge underdisclosed >$XXX for Purchase [3] TIL Incomplete [2] State - Missing Mortgage Banker Disclosure [2] State - Missing Residential Mortgage Loan Originator Disclosure [2] State - Missing Loan Agreement Rider [2] State - Missing Notice of Penalties for Making False or Misleading Written Statement [2] Initial GFE Date not within 3 days of Initial Application Date Final TIL incomplete due to missing second page.

  • In lieu of repurchasing any such Mortgage Loan as provided above, if so provided in the Mortgage Loan Purchase Agreement, the Mortgage Loan Originator may cause such Mortgage Loan to be removed from the Trust Fund (in which case it shall become a Deleted Mortgage Loan) and substitute one or more Qualified Substitute Mortgage Loans in the manner and subject to the limitations set forth in Section 2.03(d).

  • Mortgage Loan Originator Loan Agreement The lender, as defined on the cover page of the Loan Agreement.

  • The Trustee hereby certifies to each of the Depositor, the Master Servicer, the Special Servicer and each Mortgage Loan Originator that except as identified in the schedule of exceptions, which is attached hereto as Exhibit C-1 without regard to the proviso in the definition of "Mortgage File", each of the original executed Mortgage Notes as described in clause (i) of the definition of Mortgage File are in its possession.


More Definitions of Mortgage loan originator

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