NRS 645B.0124
“Loan processor” defined.

1.

“Loan processor” means a natural person who:

(a)

Receives, collects, distributes or analyzes information that is commonly used for the processing of a residential mortgage loan; and

(b)

Communicates with a consumer to obtain the information necessary for the activities described in paragraph (a).

2.

The communication described in paragraph (b) of subsection 1 does not include communication offering or negotiating loan rates or terms or counseling consumers about residential mortgage loan rates or terms.

Source: Section 645B.0124 — “Loan processor” defined., https://www.­leg.­state.­nv.­us/NRS/NRS-645B.­html#NRS645BSec0124.

645B.010
Definitions. 645B.012
“Institutional investor” defined. 645B.0102
“Applicant” defined. 645B.0104
“Clerical or ministerial tasks” defined. 645B.0105
“Commissioner” defined. 645B.0107
“Construction control” defined. 645B.0109
“Depository financial institution” defined. 645B.0111
“Division” defined. 645B.0112
“Dwelling” defined. 645B.0113
“Escrow agency” defined. 645B.0115
“Escrow agent” defined. 645B.0117
“Escrow officer” defined. 645B.0119
“Financial services license or registration” defined. 645B.0121
“Investor” defined. 645B.0123
“Licensee” defined. 645B.0124
“Loan processor” defined. 645B.0125
“Mortgage loan originator” defined. 645B.0127
“Mortgage company” defined. 645B.0128
“Nationwide Mortgage Licensing System and Registry” and “Registry” defined. 645B.0129
“Policy of title insurance” defined. 645B.0131
“Relative” defined. 645B.0132
“Residential mortgage loan” defined. 645B.0133
“Title agent” defined. 645B.0135
“Title insurer” defined. 645B.0137
Requirements for initial licensing as mortgage company or mortgage loan originator 645B.0138
Courses of continuing education 645B.0145
Statutory and common-law rights, remedies and punishments unaffected 645B.0147
Fiduciary obligation of licensee to client. 645B.01043
“Commercial mortgage loan” defined. 645B.01047
“Commercial property” defined. 645B.01125
“Employee” defined. 645B.01245
“Majority of the investors” defined. 645B.01305
“Private investor” defined. 645B.01325
“Residential mortgage loan originator” defined. 645B.01356
“Wholesale lender” defined.
Last Updated

Jun. 24, 2021

§ 645B.0124’s source at nv​.us