{"data":{"id":"us-dc/d.c.-code-26-1102","jurisdiction":"us-dc","citation":"D.C. Code § 26-1102","heading":"Exemptions.","body":"The provisions of this chapter shall not apply to:\n\n(1)\nAny bank, trust company, savings bank, savings and loan association, or credit union incorporated or chartered under the laws of the United States, any state or territory of the United States, or the District, and any other financial institution incorporated or chartered under the laws of the District or of the United States, that accepts deposits and is regulated under Title 26 of the District of Columbia Official Code.\n\n(2)\nAny insurance company authorized to do business in the District;\n\n(3)\nAny corporate instrumentality of the United States government including:\n(A)\nThe Federal Home Loan Mortgage Corporation;\n(B)\nThe Federal National Mortgage Association; and\n(C)\nThe Government National Mortgage Association;\n\n(4)\nRepealed.\n\n(5)\nAny person who takes back a deferred purchase money mortgage in connection with the sale of:\n(A)\nResidential real property owned by, and titled in the name of, that person; or\n(B)\nA new residential dwelling that the person built.\n\n(6)\nA person making a mortgage loan to a borrower who is the person’s spouse, child, child’s spouse, parent, sibling, grandparent, grandchild, or grandchild’s spouse;\n\n(7)\nNonprofit corporations making mortgage loans to promote home ownership or improvements for very low, lower, and moderate income households as defined in Chapter 25 of Title 14 of the District of Columbia Municipal Regulations;\n\n(8)\nAgencies of the federal government, the District, or any state or municipal government, or any quasi-governmental agency making mortgage loans under the specific authority of the laws or regulations of any state, the District, or the United States, including, without limitation, the Housing Finance Agency of the District of Columbia with respect to its activities in offering, accepting, completing, and processing mortgage loan applications under its programs;\n\n(9)\nPersons acting as fiduciaries with respect to any employee pension benefit plan qualified under the Internal Revenue Code who make mortgage loans solely to plan participants from plan assets;\n\n(10)\nPersons licensed by the District of Columbia as attorneys, real estate brokers, or real estate salespersons, not actively and principally engaged in negotiating, placing, or finding mortgage loans, when rendering services as an attorney, real estate broker, or real estate salesperson; however, a real estate broker or a real estate salesperson who receives any fee, commission, kickback, rebate, or other payment for directly or indirectly negotiating, placing, or finding a mortgage loan for others shall not be exempt from the provisions of this chapter;\n\n(11)\nPersons acting in a fiduciary capacity conferred by authority of any court; and.\n\n(12)\nPersons acting as registered mortgage loan originators.","path":["Title 26. Banks and Other Financial Institutions.","Chapter 11. Mortgage Lenders and Brokers."],"source_url":"https://code.dccouncil.gov/us/dc/council/code/sections/26-1102","current_through":"2026-08-20 (D.C. Law 26-175)","vintage":"","retrieved_at":"2026-08-29T05:44:07Z","sha256":"9587cf1383f94ee88843cec845e2dda4d3838d9b072d117a5a3fcc9b2165a9b9","source_id":"us-dc","stale":false,"prev":"us-dc/d.c.-code-26-1101","next":"us-dc/d.c.-code-26-1103"},"notice":"GroundRules: Original legal text. Not legal advice."}