Section: Words and phrases defined
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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