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.
Shoelaces, sometimes called shoestrings (US English) or bootlaces (UK English), are a system commonly used to secure shoes, boots and other footwear.They typically consist of a pair of strings or cords, one for each shoe, finished off at both ends with stiff sections, known as aglets.