North Carolina General Statutes 24-2.5. Mortgage bankers and mortgage brokers
Current as of: 2024 | Check for updates
|
Other versions
Terms Used In North Carolina General Statutes 24-2.5
- Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
A mortgage broker or a mortgage banker originating a loan in a table-funded loan transaction in which the mortgage broker or mortgage banker is identified as the original payee of the note shall be considered a lender for purposes of this Chapter. (1999-332, s. 3.)