(1)the term “Bureau” means the Bureau of Consumer Financial Protection;
(2)the term “mortgage loan” means a loan which is secured by residential real property or a home improvement loan;
(3)the term “depository institution”—
(i)any bank (as defined in section
1813(a)(1) of this title);
(ii)any savings association (as defined in section
1813(b)(1) of this title); and
(iii)any credit union,
which makes federally related mortgage loans as determined by the Board; and
(B)includes any other lending institution (as defined in paragraph (4) ) other than any institution described in subparagraph (A);
(4)the term “completed application” means an application in which the creditor has received the information that is regularly obtained in evaluating applications for the amount and type of credit requested;
(5)the term “other lending institutions” means any person engaged for profit in the business of mortgage lending;
(6)the term “Board” means the Board of Governors of the Federal Reserve System; and
(7)the term “Secretary” means the Secretary of Housing and Urban Development.
 So in original. Probably should be “paragraph (5)”.
2010—Pub. L. 111–203added par. (1) and redesignated former pars. (1) to (6) as (2) to (7), respectively.
1989—Par. (2). Pub. L. 101–73, § 1211(d), amended par. (2) generally. Prior to amendment, par. (2) read as follows: “the term ‘depository institution’ means any commercial bank, savings bank, savings and loan association, building and loan association, homestead association (including cooperative banks) or credit union which makes federally related mortgage loans as determined by the Board, mortgage banking subsidiary of a bank holding company or savings and loan holding company, or savings and loan service corporation that originates or purchases mortgage loans;”.
Pars. (3) to (6). Pub. L. 101–73, § 1211(e), added pars. (3) and (4) and redesignated former pars. (3) and (4) as (5) and (6), respectively.
1988—Par. (2). Pub. L. 100–242struck out “or” before “homestead association” and inserted before semicolon at end “, mortgage banking subsidiary of a bank holding company or savings and loan holding company, or savings and loan service corporation that originates or purchases mortgage loans”.
Effective Date of 2010 Amendment
Amendment by Pub. L. 111–203effective on the designated transfer date, see section 1100H ofPub. L. 111–203, set out as a note under section
552a of Title
5, Government Organization and Employees.
Effective Date of 1989 Amendment
Section 1211(k) ofPub. L. 101–73provided that: “The amendments made by this section [amending this section and sections
2810 of this title] shall apply to each calendar year beginning after December 31, 1989.”
Effective Date of 1988 Amendment
Section 565(a)(4) ofPub. L. 100–242, as amended by Pub. L. 100–628, title X, § 1087(a),Nov. 7, 1988, 102 Stat. 3280, provided that: “The amendments made by this subsection [amending sections
2810 of this title] shall be applicable to the portion of calendar year 1988 that begins August 19, 1988, and to each calendar year beginning after December 31, 1988.”
The table below lists the classification updates, since Jan. 3, 2012, for this section. Updates to a broader range of sections may be found at the update page for containing chapter, title, etc.
The most recent Classification Table update that we have noticed was Tuesday, August 13, 2013
An empty table indicates that we see no relevant changes listed in the classification tables. If you suspect that our system may be missing something, please double-check with the Office of the Law Revision Counsel.