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U.S. Code as of:
01/19/04
Section 2802. Definitions
For purposes of this chapter -
(1) the term "mortgage loan" means a loan which is secured by
residential real property or a home improvement loan;
(2) the term "depository institution" -
(A) means -
(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)) other than any institution described in
subparagraph (A);
(3) 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;
(4) the term "other lending institutions" means any person
engaged for profit in the business of mortgage lending;
(5) the term "Board" means the Board of Governors of the
Federal Reserve System; and
(6) the term "Secretary" means the Secretary of Housing and
Urban Development.
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