§ 23-2.5-1-1 Application of chapter
§ 23-2.5-1-2 “Appraisal company”
§ 23-2.5-1-3 “Bona fide third party fee”
§ 23-2.5-1-4 “Borrower’s residential mortgage loan application information”
§ 23-2.5-1-5 “Branch manager”
§ 23-2.5-1-6 “Branch office”
§ 23-2.5-1-7 “Branch office license”
§ 23-2.5-1-8 “Commissioner”
§ 23-2.5-1-9 “Depository institution”
§ 23-2.5-1-10 “Encrypted”
§ 23-2.5-1-11 “Immediate family”
§ 23-2.5-1-12 “Licensee”
§ 23-2.5-1-13 “Loan”
§ 23-2.5-1-14 “Loan broker”
§ 23-2.5-1-15 “Loan broker employee”
§ 23-2.5-1-16 “Loan broker license”
§ 23-2.5-1-17 “Loan broker office”
§ 23-2.5-1-18 “Loan processing activities”
§ 23-2.5-1-19 “Loan processing company”
§ 23-2.5-1-20 “Loan processor”
§ 23-2.5-1-21 “Mortgage loan origination activities”
§ 23-2.5-1-22 “Mortgage loan originator”
§ 23-2.5-1-23 “Mortgage loan originator license”
§ 23-2.5-1-24 “Nationwide Multistate Licensing System”
§ 23-2.5-1-25 “Person”
§ 23-2.5-1-26 “Personal information”
§ 23-2.5-1-27 “Principal manager”
§ 23-2.5-1-28 “Principal manager license”
§ 23-2.5-1-29 “Principal place of business”
§ 23-2.5-1-30 “Real estate appraiser”
§ 23-2.5-1-31 “Real estate brokerage activity”
§ 23-2.5-1-32 “Redacted”
§ 23-2.5-1-33 “Registered mortgage loan originator”
§ 23-2.5-1-34 “Residential mortgage loan”
§ 23-2.5-1-35 “Residential real estate”
§ 23-2.5-1-36 “Securities division”
§ 23-2.5-1-37 “State licensed mortgage loan originator”
§ 23-2.5-1-38 “Ultimate equitable owner”
§ 23-2.5-1-39 “Unique identifier”

Terms Used In Indiana Code > Title 23 > Article 2.5 > Chapter 1 - Definitions

  • Appraisal: A determination of property value.
  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Attorney: includes a counselor or other person authorized to appear and represent a party in an action or special proceeding. See Indiana Code 1-1-4-5
  • Contract: A legal written agreement that becomes binding when signed.
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Credit report: A detailed report of an individual's credit history prepared by a credit bureau and used by a lender in determining a loan applicant's creditworthiness. Source: OCC
  • Credit Score: A number, roughly between 300 and 800, that measures an individual's credit worthiness. The most well-known type of credit score is the FICO score. This score represents the answer from a mathematical formula that assigns numerical values to various pieces of information in your credit report. Source: OCC
  • Dependent: A person dependent for support upon another.
  • Equitable: Pertaining to civil suits in "equity" rather than in "law." In English legal history, the courts of "law" could order the payment of damages and could afford no other remedy. See damages. A separate court of "equity" could order someone to do something or to cease to do something. See, e.g., injunction. In American jurisprudence, the federal courts have both legal and equitable power, but the distinction is still an important one. For example, a trial by jury is normally available in "law" cases but not in "equity" cases. Source: U.S. Courts
  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
  • 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
  • Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
  • Property: includes personal and real property. See Indiana Code 1-1-4-5
  • real property: include lands, tenements, and hereditaments. See Indiana Code 1-1-4-5
  • Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
  • Truth in Lending Act: The Truth in Lending Act is a federal law that requires lenders to provide standardized information so that borrowers can compare loan terms. In general, lenders must provide information on Source: OCC
  • United States: includes the District of Columbia and the commonwealths, possessions, states in free association with the United States, and the territories. See Indiana Code 1-1-4-5