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.
The plastic things on the end of shoelaces are called aglets. The study of creatures such as Bigfoot, the chupacabra, and the Loch Ness monster is called cryptozoology. Zoologist Bernard Heuvelmans coined the term to describe his investigations of animals unknown to science.