An unlicensed person acts as a loan originator, a mortgage broker, or a mortgage lender. (3) A mortgage broker or mortgage lender, as applicable, is subject to the disciplinary actions specified in subsection (2) for a violation of subsection (1) by: (a) A control person of the mortgage broker or mortgage lender;
1 Then it adds: Of course, knowing the name for it is like knowing that the plastic tips on the end of your shoelaces are called aglets.. 2  Merriam Webster has a top ten list for Words For Things You Didn't Know Have Names.
Nicola Tree/Taxi/Getty Images. Definition: The sole is the bottom part of the shoe. Also referred to as the outsole of the shoe, this is the part that comes in direct contact with the ground. Outsoles can be made of a variety of materials, including leather and rubber.