Pennsylvania Consolidated Statutes (Last Updated: January 27, 2015) |
Title7 BANKS AND BANKING |
PARTII. LICENSING |
CHAPTER61. MORTGAGE LOAN INDUSTRY LICENSING AND CONSUMER PROTECTION |
SUBCHAPTERE. MISCELLANEOUS PROVISIONS |
§6151. Applicability.
Latest version.
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The provisions of this chapter shall apply to:
(1) Any mortgage loan which is:
(i) negotiated, offered or otherwise transacted within this Commonwealth, in whole or in part, whether by the ultimate lender or any other person;
(ii) made or executed within this Commonwealth; or
(iii) notwithstanding the place of execution, secured by a dwelling or residential real estate located in this Commonwealth.
(2) Any person who engages in the mortgage loan business in this Commonwealth.
(July 2, 2013, P.L.210, No.38, eff. 60 days)
Notation
Cross References. Section 6151 is referred to in section 6112 of this title.