HMDA (Home Mortgage Disclosure Act, 12 U.S.C.) § 2802 — Definitions
HMDA (Home Mortgage Disclosure Act, 12 U.S.C.), §2802 Definitions. Captured section-complete from Cornell LII (verbatim).
Verbatim regulatory text
Verbatim provisions from HMDA (Home Mortgage Disclosure Act, 12 U.S.C.) § 2802 — Definitions — each quote is a verified substring of the regulator-published source snapshot, not retyped. Quoted for reference; this is not legal advice. The operational layer (P&P updates, prompts) lives in the regulation update kits.
12 U.S.C. §2802
For purposes of this chapter— (1) the term “ Bureau ” means the Bureau of Consumer Financial Protection; (2) the term “ mortgage loan ” means a loan which is secured by residential real property or a home improvement loan; (3) the term “ depository institution ”— (A) means—
12 U.S.C. §2802(i)
(i) any bank (as defined in section 1813(a)(1) of this title ); (ii) any savings association (as defined in section 1813(b)(1) of this title ); and (iii) any credit union, which makes federally related mortgage loans as determined by the Board; and (B) includes any other lending institution (as defined in paragraph (4) [1] ) other than any institution described in subparagraph (A); (4) the term “ completed application ” means an application in which the creditor has received the information that is regularly obtained in evaluating applications for the amount and type of credit requested; (5) the term “ other lending institutions ” means any person engaged for profit in the business of mortgage lending; (6) the term “ Board ” means the Board of Governors of the Federal Reserve System ; and (7) the term “ Secretary ” means the Secretary of Housing and Urban Development. ( Pub. L. 94–200, title III, § 303 , Dec. 31, 1975 , 89 Stat. 1125 ; Pub. L. 100–242, title V, § 565(a)(1) , Feb. 5, 1988 , 101 Stat. 1945 ; Pub. L. 101–73, title XII, § 1211(d) , (e), Aug. 9, 1989 , 103 Stat. 525 ; Pub. L. 111–203, title X, § 1094(2) , July 21, 2010 , 124 Stat. 2097 .) [1] So in original. Probably should be “paragraph (5)”.