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§ 7117. Definitions.

21 CA ADC § 7117Barclays Official California Code of Regulations

Barclays California Code of Regulations
Title 21. Public Works
Division 3. California State Transportation Agency
Chapter 4. Regulations Pursuant to the Housing Financial Discrimination Act of 1977 (Refs & Annos)
Article 6. Reporting Requirements
21 CCR § 7117
§ 7117. Definitions.
Currentness
For the purposes of this article, the following definitions apply:
(a) “Applications” means “completed applications” as defined in paragraph (c) of Section 7102, Title 21, California Code of Regulations.
(b) “Enforcement agency” means:
(1) The Department of Real Estate for real estate brokers engaged in mortgage banking;
(2) The Department of Corporations for broker-dealers, credit unions, industrial loan companies, finance lenders, and residential mortgage lenders;
(3) The Department of Insurance for insurers; and
(4) The Business, Transportation and Housing Agency for all other lenders.
(c) “Lender” means a person (Health and Safety Code Section 19) who regularly (Section 7102(n) Title 21, California Code of Regulations) provides financial assistance (Section 7102(g) Title 21, California Code of Regulations) and who does not report to a federal or state regulatory agency as provided by the Home Mortgage Disclosure Act of 1975 as amended. (12 USC 2801 et seq.)
(d) “Loan” and “loans” means loans for the purpose of acquiring and improving one- to four-unit dwellings.

Credits

Note: Authority cited: Section 35814, Health and Safety Code. Reference: Section 35816, Health and Safety Code.
History
1. Repealer and new section filed 8-28-89; operative 9-27-89 (Register 89, No. 37). For prior history, see Registers 85, No. 47 and 85, No. 26.
2. Change without regulatory effect amending subsections (b)(1)-(2) filed 1-10-96 pursuant to section 100, title 1, California Code of Regulations (Register 96, No. 2).
This database is current through 4/26/24 Register 2024, No. 17.
Cal. Admin. Code tit. 21, § 7117, 21 CA ADC § 7117
End of Document