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2021 Indiana Code
Title 23. Business and Other Associations
Article 2.5. Loan Brokers
Chapter 1. Definitions
23-2.5-1-21. "Mortgage Loan Origination Activities"
Universal Citation:
IN Code § 23-2.5-1-21 (2021)
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Sec. 21. "Mortgage loan origination activities" means performance of any of the following activities for compensation or gain in connection with a residential mortgage loan:
(1) Receiving or recording a borrower's or potential borrower's residential mortgage loan application information in any form for use in a credit decision by a creditor.
(2) Offering to negotiate or negotiating terms of a residential mortgage loan.
As added by P.L.175-2019, SEC.2.
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