OAR 813-022-0005: Program Definitions

The following definitions and those in ORS Chapters 456 and 458 apply to OAR Chapter 822, unless the context indicates otherwise, or the term is otherwise defined in a subsequent division: (1) “Approved Lender” is a mortgage lender that is authorized by Oregon law to originate mortgage loans in the state and has executed an agreement to provide mortgage loans to the Department. ( 2) "Department's Servicer" means the loan servicer that has an agreement with the Department to provide mortgage loan servicing.