Indiana Code § 23-2.5-7-11

Loan broker review of loan processing company work
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Sec. 11. (a) A loan broker shall diligently review work performed on the loan broker's behalf by a loan processing company.       (b) A loan broker that fails to take reasonable steps to review work performed by a loan processing company on the loan broker's behalf may subject the loan broker to discipline under IC 23-2.5-11 .   IC 23-2.5-8 Chapter 8. Conduct of Business               23-2.5-8-1 Loan broker contract             23-2.5-8-2 Real estate appraiser; influence; ownership or interest             23-2.5-8-3 Contract rescission; consideration             23-2.5-8-4 Loan broker agreement account number             23-2.5-8-5 Loan broker records             23-2.5-8-6 Loan broker record maintenance             23-2.5-8-7 Loan broker ceasing to do business; records; notice to commissioner             23-2.5-8-8 Security breach of loan broker record             23-2.5-8-9 Licensee disposal of records             23-2.5-8-10 Prospective borrower funds; requirements             23-2.5-8-11 Loan broker reports of condition

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