Indiana Code 24-5-23-1. “Mortgage lender”
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Terms Used In Indiana Code 24-5-23-1
- Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
- Mortgagee: The person to whom property is mortgaged and who has loaned the money.
Sec. 1. As used in this chapter, “mortgage lender” means the original lender under a mortgage and the original lender’s successors and assigns, including insurance companies, trust companies, banks, investment companies, savings banks, savings associations, credit unions, executors, trustees, and other fiduciaries, or any other mortgagee authorized to do business in this state.
As added by P.L.10-2006, SEC.22 and P.L.57-2006, SEC.22.