12 U.S.C. § 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)

section 1813(a)(1) of this title any bank (as defined in );

(ii)

section 1813(b)(1) of this title any savings association (as defined in ); and

(iii)

any credit union,

which makes federally related mortgage loans as determined by the Board; and

(B)

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

includes any other lending institution (as defined in paragraph (4) ) 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, § 303Dec. 31, 197589 Stat. 1125 Pub. L. 100–242, title V, § 565(a)(1)Feb. 5, 1988101 Stat. 1945 Pub. L. 101–73, title XII, § 1211(d)Aug. 9, 1989103 Stat. 525 Pub. L. 111–203, title X, § 1094(2)July 21, 2010124 Stat. 2097(, , ; , , ; , (e), , ; , , .)

Editorial Notes

Amendments

Pub. L. 111–2032010— added par. (1) and redesignated former pars. (1) to (6) as (2) to (7), respectively.

Pub. L. 101–73, § 1211(d)1989—Par. (2). , amended par. (2) generally. Prior to amendment, par. (2) read as follows: “the term ‘depository institution’ means any commercial bank, savings bank, savings and loan association, building and loan association, homestead association (including cooperative banks) or credit union which makes federally related mortgage loans as determined by the Board, mortgage banking subsidiary of a bank holding company or savings and loan holding company, or savings and loan service corporation that originates or purchases mortgage loans;”.

Pub. L. 101–73, § 1211(e)Pars. (3) to (6). , added pars. (3) and (4) and redesignated former pars. (3) and (4) as (5) and (6), respectively.

Pub. L. 100–2421988—Par. (2). struck out “or” before “homestead association” and inserted before semicolon at end “, mortgage banking subsidiary of a bank holding company or savings and loan holding company, or savings and loan service corporation that originates or purchases mortgage loans”.

Statutory Notes and Related Subsidiaries

Effective Date of 2010 Amendment

Pub. L. 111–203 section 1100H of Pub. L. 111–203 section 552a of Title 5Amendment by effective on the designated transfer date, see , set out as a note under , Government Organization and Employees.

Effective Date of 1989 Amendment

Pub. L. 101–73, title XII, § 1211(k)Aug. 9, 1989103 Stat. 526

December 31, 1989“The amendments made by this section [amending this section and sections 2803, 2804, 2807, and 2810 of this title] shall apply to each calendar year beginning after .”

, , , provided that:

Effective Date of 1988 Amendment

Pub. L. 100–242, title V, § 565(a)(4)Feb. 5, 1988101 Stat. 1945 Pub. L. 100–628, title X, § 1087(a)Nov. 7, 1988102 Stat. 3280

August 19, 1988December 31, 1988“The amendments made by this subsection [amending sections 2802, 2803, and 2810 of this title] shall be applicable to the portion of calendar year 1988 that begins , and to each calendar year beginning after .”

, , , as amended by , , , provided that: