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Nevada · Through 2025 session (NRS as revised 2026-08-25) · Newer source version available

NRS 645B.0124: “Loan processor” defined.

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Where this section sits in the code
  1. TITLE 54 — PROFESSIONS, OCCUPATIONS AND BUSINESSES
  2. CHAPTER 645B - MORTGAGE COMPANIES AND MORTGAGE LOAN ORIGINATORS
  3. GENERAL PROVISIONS

1. “Loan processor” means a natural person who:

(a) Receives, collects, distributes or analyzes information that is commonly used for the processing of a residential mortgage loan; and

(b) Communicates with a consumer to obtain the information necessary for the activities described in paragraph (a).

2. The communication described in paragraph (b) of subsection 1 does not include communication offering or negotiating loan rates or terms or counseling consumers about residential mortgage loan rates or terms.

Collected 2026-09-03T05:51:45Z. Source file · JSON

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