- (a) In this subtitle the following words have the meanings indicated.
- (b) “Commissioner” means the Commissioner of Financial Regulation in the Maryland Department of Labor.
- (c) “Consumer borrower” means an individual receiving a loan or other extension of credit for personal, household, or family purposes.
- (d) “Mobile home” has the meaning stated in § 11-501 of the Financial Institutions Article.
(e) “Mobile home retailer” means a person that:
- (1) Sells mobile homes at retail;
- (2) Provides information regarding financing products to a borrower for the purchase of a mobile home; and
(3) Is not:
- (i) A mortgage lender, as defined in § 11-501 of the Financial Institutions Article; or
- (ii) A mortgage originator, as defined in § 11-601 of the Financial Institutions Article.
Added by Acts 2020, c. 48, § 1, eff. Oct. 1, 2020; Acts 2020, c. 49, § 1, eff. Oct. 1, 2020.