New Jersey Statutes > Title 17 > Chapter 10C – Residential Mortgage and Consumer Finance Advisory Board
Current as of: 2023 | Check for updates
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Other versions
| § 17:10C-1 | Residential Mortgage and Consumer Finance Advisory Board |
| § 17:10C-2 | Board duties |
Terms Used In New Jersey Statutes > Title 17 > Chapter 10C - Residential Mortgage and Consumer Finance Advisory Board
- Advice and consent: Under the Constitution, presidential nominations for executive and judicial posts take effect only when confirmed by the Senate, and international treaties become effective only when the Senate approves them by a two-thirds vote.
- Ex officio: Literally, by virtue of one's office.
- 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
- State: extends to and includes any State, territory or possession of the United States, the District of Columbia and the Canal Zone. See New Jersey Statutes 1:1-2