12 CFR 34.202 – Definitions applicable to higher-priced mortgage loans
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(a) Consummation has the same meaning as in 12 CFR 1026.2(a)(13).
Terms Used In 12 CFR 34.202
- Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
(b) Creditor has the same meaning as in 12 CFR 1026.2(a)(17).
(c) Higher-priced mortgage loan has the same meaning as in 12 CFR 1026.35(a)(1).
(d) Reverse mortgage has the same meaning as in 12 CFR 1026.33(a).