§ 12-1301
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/md/commercial-law/12-1301·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
§12–1301.
(a)In this subtitle the following words have the meanings indicated.
(b)“Borrower” has the meaning stated in § 11–501 of the Financial Institutions Article.
(c)“Home buyer education or housing counseling” means instruction on preparing for home ownership, shopping for a home, obtaining a mortgage, loan closing, and life as a homeowner.
(d)“Lender” means a person that makes a mortgage loan.
(e)“Mortgage loan” has the meaning stated in § 11–501 of the Financial Institutions Article.
(f)“Secondary mortgage loan” means a mortgage loan secured by residential real property that is subject to the lien of one or more prior mortgage loans.