source:
  type: regulation
  id: safe-12cfr-1007.102
  authority: 12 CFR Part 1007 — SAFE Act Federal Registration of Residential Mortgage Loan Originators (CFPB) §
    1007.102 — Definitions
  description: '12 CFR Part 1007 — SAFE Act Federal Registration of Residential Mortgage Loan Originators (CFPB),
    §1007.102 Definitions. Captured section-complete (all subsections verbatim).

    '
obligations:
- id: safe-12cfr-1007.102-full
  canonical_id: safe-12cfr-1007.102-full
  section: 12 CFR §1007.102
  description: 'Definitions: For purposes of this part, the following definitions apply: Administrative or clerical
    tasks means the receipt, collection, and distribution of information common for the processing or underwriting
    of a loan in the residential mortgage industry and communication with a consumer to obtain information…'
  type: definition
  tags:
  - regulator-direct
  - gap-fill
  - section-complete
  primary_source:
    tier: 1
    authority: 12 CFR Part 1007 — SAFE Act Federal Registration of Residential Mortgage Loan Originators (CFPB)
      § 1007.102
    source_class: ecfr-xml
    source_url: https://www.ecfr.gov/current/title-12/chapter-X/subchapter-B/part-1007
    snapshot_id: 5daf3a40bd6ddc2c
    fetched_at: '2026-06-18T00:00:00+00:00'
    content_hash: sha256:7f105386277af1bc7587cdb1093c30b2fbbcf4d28f0729cc5e0c2a91a79dbe76
    paragraph_quote: 'For purposes of this part, the following definitions apply: Administrative or clerical tasks
      means the receipt, collection, and distribution of information common for the processing or underwriting of
      a loan in the residential mortgage industry and communication with a consumer to obtain information necessary
      for the processing or underwriting of a residential mortgage loan. Annual renewal period means November 1
      through December 31 of each year. Bureau means the Bureau of Consumer Financial Protection. Covered financial
      institution means any national bank, member bank, insured state nonmember bank, savings association, Farm
      Credit System institution, or federally insured credit union as any such term is defined in &#xA7; 1007.101(c)(1).
      Covered financial institution also includes a non-federally insured credit union that registers subject to
      the conditions of &#xA7; 1007.101(c)(3). Mortgage loan originator means (1) An individual who:'
    drafter_attestation: Verbatim (whitespace-normalized) slice of §1007.102 (whole section) from snapshot 5daf3a40bd6ddc2c;
      substring-verified.
  judgment: false
- id: safe-12cfr-1007.102-i
  canonical_id: safe-12cfr-1007.102-i
  section: 12 CFR §1007.102(i)
  description: 'Definitions — (i): (i) Takes a residential mortgage loan application; and (ii) Offers or negotiates
    terms of a residential mortgage loan for compensation or gain. (2)(i) The term mortgage loan originator does
    not include: (A) An individual who performs purely administrative or clerical tasks on behalf of an individual…'
  type: definition
  tags:
  - regulator-direct
  - gap-fill
  - section-complete
  primary_source:
    tier: 1
    authority: 12 CFR Part 1007 — SAFE Act Federal Registration of Residential Mortgage Loan Originators (CFPB)
      § 1007.102
    source_class: ecfr-xml
    source_url: https://www.ecfr.gov/current/title-12/chapter-X/subchapter-B/part-1007
    snapshot_id: 5daf3a40bd6ddc2c
    fetched_at: '2026-06-18T00:00:00+00:00'
    content_hash: sha256:7f105386277af1bc7587cdb1093c30b2fbbcf4d28f0729cc5e0c2a91a79dbe76
    paragraph_quote: '(i) Takes a residential mortgage loan application; and (ii) Offers or negotiates terms of
      a residential mortgage loan for compensation or gain. (2)(i) The term mortgage loan originator does not include:
      (A) An individual who performs purely administrative or clerical tasks on behalf of an individual who is described
      as a mortgage loan originator in this section; (B) An individual who only performs real estate brokerage activities
      (as defined in 12 U.S.C. 5102(4)(D)) and is licensed or registered as a real estate broker in accordance with
      applicable state law, unless the individual is compensated by a lender, a mortgage broker, or other mortgage
      loan originator or by any agent of such lender, mortgage broker, or other mortgage loan originator, and meets
      the definition of mortgage loan originator in this section; or (C) An individual or entity solely involved
      in extensions of credit related to timeshare plans, as that term is defined in 11 U.S.C. 101(53D). (ii) Examples
      of activities that would, and would not, result in an employee meeting the definition of mortgage loan originator
      are provided in appendix A to this part. Nationwide Mortgage Licensing System and Registry or Registry means
      the system developed and maintained by the Conference of State Bank Supervisors and the American Association
      of Residential Mortgage Regulators for the state licensing and registration of state-licensed mortgage loan
      originators and the registration of mortgage loan originators pursuant to 12 U.S.C. 5107. Registered mortgage
      loan originator or registrant means any individual who: (1) Meets the definition of mortgage loan originator
      and is an employee of a covered financial institution; and (2) Is registered pursuant to this part with, and
      maintains a unique identifier through, the Registry. Residential mortgage loan means any loan primarily for
      personal, family, or household use that is secured by a mortgage, deed of trust, or other equivalent consensual
      security interest on a dwelling (as defined in section 103(v) of the Truth in Lending Act, 15 U.S.C. 1602(v))
      or residential real estate upon which is constructed or intended to be constructed a dwelling, and includes
      refinancings, reverse mortgages, home equity lines of credit and other first and additional lien loans that
      meet the qualifications listed in this definition. This definition does not amend or supersede 12 CFR 613.3030(c)
      with respect to Farm Credit System institutions. Unique identifier means a number or other identifier that:
      (1) Permanently identifies a registered mortgage loan originator; (2) Is assigned by protocols established
      by the Nationwide Mortgage Licensing System and Registry and the Bureau to facilitate:'
    drafter_attestation: Verbatim (whitespace-normalized) slice of §1007.102 subsection (i) from snapshot 5daf3a40bd6ddc2c;
      substring-verified.
  judgment: false
- id: safe-12cfr-1007.102-i
  canonical_id: safe-12cfr-1007.102-i
  section: 12 CFR §1007.102(i)
  description: 'Definitions — (i): (i) Electronic tracking of mortgage loan originators; and (ii) Uniform identification
    of, and public access to, the employment history of and the publicly adjudicated disciplinary and enforcement
    actions against mortgage loan originators; and (3) Must not be used for purposes other than those set fo…'
  type: definition
  tags:
  - regulator-direct
  - gap-fill
  - section-complete
  primary_source:
    tier: 1
    authority: 12 CFR Part 1007 — SAFE Act Federal Registration of Residential Mortgage Loan Originators (CFPB)
      § 1007.102
    source_class: ecfr-xml
    source_url: https://www.ecfr.gov/current/title-12/chapter-X/subchapter-B/part-1007
    snapshot_id: 5daf3a40bd6ddc2c
    fetched_at: '2026-06-18T00:00:00+00:00'
    content_hash: sha256:7f105386277af1bc7587cdb1093c30b2fbbcf4d28f0729cc5e0c2a91a79dbe76
    paragraph_quote: (i) Electronic tracking of mortgage loan originators; and (ii) Uniform identification of, and
      public access to, the employment history of and the publicly adjudicated disciplinary and enforcement actions
      against mortgage loan originators; and (3) Must not be used for purposes other than those set forth under
      the S.A.F.E. Act.
    drafter_attestation: Verbatim (whitespace-normalized) slice of §1007.102 subsection (i) from snapshot 5daf3a40bd6ddc2c;
      substring-verified.
  judgment: false
