Sec. 4. Subject to section 5 of this chapter, the task force shall meet quarterly, with additional meetings scheduled as needed by the task force chair, to:

(1) coordinate the state’s efforts to:

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Terms Used In Indiana Code 4-23-30-4

  • Fraud: Intentional deception resulting in injury to another.
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • task force: refers to the mortgage lending and fraud prevention task force created under section 2 of this chapter. See Indiana Code 4-23-30-1
(A) regulate the various participants involved in originating, issuing, and closing home loans;

(B) enforce state laws and rules concerning mortgage lending practices and mortgage fraud; and

(C) prevent fraudulent practices in the home loan industry; and

(2) share information and resources necessary for the efficient administration of the tasks set forth in subdivision (1), unless prohibited by law.

As added by P.L.16-2009, SEC.10. Amended by P.L.158-2017, SEC.1.

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