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Section: Words and phrases defined

Statute: 17:10C-2

2. The board shall act as a resource to the commissioner by developing and recommending to the commissioner ideas, programs and tools to assist: a. in the development of educational requirements for licensees; b. licensed residential mortgage lenders, residential mortgage brokers, and mortgage loan originators in meeting the mortgage lending needs of consumers; c. other consumer finance licensees in meeting the lending needs of consumers; and d. consumers in understanding and using: (1) residential mortgage lending information and choosing from available mortgage lending opportunities through licensed residential mortgage lenders, residential mortgage brokers, and mortgage loan originators in this State; and (2) consumer lending information and choosing from available consumer lenders. L.1995, c.2, s.2; amended 2009, c.53, s.62.

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