Maryland Code, FINANCIAL INSTITUTIONS 11-513.1
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Terms Used In Maryland Code, FINANCIAL INSTITUTIONS 11-513.1
- 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
(a) A licensee shall submit to NMLS a call report once each quarter on the date, in the form, and containing the information required by NMLS.
(b) A mortgage lender who is exempt from licensing under this subtitle shall submit the call reports required under subsection (a) of this section on behalf of its mortgage loan originators licensed under Subtitle 6 of this title.