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 are typically tied off at the top of the shoe using a simple bow knot. Besides securing the shoe, this also takes up the length of shoelace exposed after tightening. The common bow consists of two half knots tied one on top of the other, with the second half-knot looped in order to allow for quick untying.