residential mortgage loan

(5) Residential mortgage loan .— The term “residential mortgage loan” means any consumer credit transaction that is secured by a mortgage, deed of trust, or other equivalent consensual security interest on a dwelling or on residential real property that includes a dwelling, other than a consumer credit transaction under an open end credit plan or, for purposes of sections 1639b and 1639c of this title and section 1638(a) (16), (17), (18), and (19) of this title, and sections 1638(f) and 1640(k) of this title , and any regulations promulgated thereunder, an extension of credit relating to a plan described in section 101(53D) of title 11.

Source

15 USC § 1602(dd)(5)

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Scoping language

None identified, default scope is assumed to be the parent (part A) of this section.

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