Sec. 5. “Branch manager” means a mortgage loan originator or principal manager who is:

(1) licensed under this article; and

Terms Used In Indiana Code 23-2.5-1-5

  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • Mortgage loan: A loan made by a lender to a borrower for the financing of real property. Source: OCC
(2) designated by a loan broker to supervise and oversee mortgage loan origination activities conducted at a branch office.

As added by P.L.175-2019, SEC.2.