Oregon Administrative Rules
Chapter 813 - OREGON HOUSING AND COMMUNITY SERVICES DEPARTMENT
Division 22 - FLEX LENDING PROGRAM (FLEX)
Section 813-022-0005 - Program Definitions
Universal Citation: OR Admin Rules 813-022-0005
Current through Register Vol. 63, No. 9, September 1, 2024
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.
Statutory/Other Authority: ORS 456.555
Statutes/Other Implemented: ORS 456.555
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