§ 27. Mortgage lending business defined

Statutory text

In this title, the term “mortgage lending business” means an organization which finances or refinances any debt secured by an interest in real estate, including private mortgage companies and any subsidiaries of such organizations, and whose activities affect interstate or foreign commerce.

Legislative history

Reconstructed from this section’s Code source credit and amendment notes, resolved against the local Statutes at Large. Editorial notes are evidence, not the law that made the change.

2009
Fraud Enforcement and Recovery Act of 2009
Pub. L. 111–21 § 2(b)(1) · 123 Stat. 1617
Enacted · 18 U.S.C. § 27
(Added Pub. L. 111–21, § 2(b)(1), May 20, 2009, 123 Stat. 1617.)
Source evidence
Code source credit
(Added Pub. L. 111–21, § 2(b)(1), May 20, 2009, 123 Stat. 1617.)
Enacted provision · exact public law section
(1) In general.— Chapter 1 of title 18, United States Code, is amended by inserting after section 26 the following: “§ 27. Mortgage lending business defined “In this title, the term ‘mortgage lending business’ means an organization which finances or refinances any debt secured by an interest in real estate, including private mortgage companies and any subsidiaries of such organizations, and whose activities affect interstate or foreign commerce.” .

1 of 1 references resolved to an enrolled provision

Credits

(Added Pub. L. 111–21, § 2(b)(1), May 20, 2009, 123 Stat. 1617.)