Mortgage lender definition

Mortgage lender means a “lender” as defined in the Act and which has been approved by the Authority pursuant to the Rules and Regulations.
Mortgage lender means a domestic or foreign corporation authorized in this state to make loans secured by mortgages or deeds of trust.
Mortgage lender shall have the meaning set forth in the recitals hereto.

Examples of Mortgage lender in a sentence

  • Xxxxxx agrees that at or prior to the time that it initiates legal proceedings to foreclose the Mortgage or commences a sale pursuant to any power of sale granted in the Mortgage, Lender shall first offer Lessee, in writing, the right to purchase the Note, the Mortgage, and all other Loan Documents evidencing or relating to the Loan (the “Loan Purchase Offer”), unless otherwise prohibited by the Act or federal regulation.


More Definitions of Mortgage lender

Mortgage lender shall have the meaning set forth in the recitals to this Agreement, together with its successors and assigns.
Mortgage lender means a state or national bank, state or federal savings and loan association, mortgage company, insurance company, state pension fund, or any other financial institution, intermediary, or entity authorized to make mortgage loans in this state.
Mortgage lender means a person who acts as a mortgage lender as that term is defined in item (2) or engages in the business of servicing mortgage loans for others or collecting or otherwise receiving mortgage loan payments directly from borrowers for distribution to another person. This definition does not include engaging in a tablefunded transaction.
Mortgage lender means a person that, directly or indirectly, makes or offers to make mortgage loans.
Mortgage lender means any person who directly or indirectly originates or makes mortgage loans.
Mortgage lender means an entity that consummates a residential mortgage loan, advances funds, offers to advance funds, or commits to advancing funds for a residential mortgage loan applicant.
Mortgage lender means a first mortgage lender, a first mortgage correspondent lender, or both;