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United States Code Title 12 — Banks and Banking

§ 2802. Definitions

§ 2802.

Definitions

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—

(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) 11  So in original. Probably should be “paragraph (5)”. So in original. Probably should be “paragraph (5)”.) 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.