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 or metal sleeves at the end of shoelaces are called aglets (or aiglets). Besides making an interesting trivia or crossword puzzle question, aglets have several â¦ functions: They prevent the lace ends from fraying, they make the laces easier to hold, and they make them easier to pass through the eyelets.