regulated loans
131Mortgage bank — A Mortgage bank specializes in originating and/or servicing mortgage loans. A mortgage bank is a state licensed banking entity that makes mortgage loans directly to consumers. The difference between a mortgage banker and a mortgage broker is that …
132Loan origination — is the process by which a borrower applies for a new loan, and a lender processes that application. Origination generally includes all the steps from taking a loan application through disbursal of funds (or declining the application). Loan… …
