Nevada § 645F.365 “Loan modification consultant” defined

Nevada Statutes

§ 645F.365 — “Loan modification consultant” defined

Nevada § 645F.365

Title 54PROFESSIONS, OCCUPATIONS AND BUSINESSES

Ch. 645FMortgage

General Provisions

This text of Nevada § 645F.365 (“Loan modification consultant” defined) is published on Counsel Stack Legal Research, covering Nevada primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Nev. Rev. Stat. § 645F.365 (2026).

Text

“Loan modification consultant” means a person who, directly or indirectly, makes any solicitation, representation or offer to a homeowner to perform for compensation, or who, for compensation, performs any act that the person represents will adjust the terms of a mortgage loan in a manner not provided for in the original or previously modified mortgage loan. Such an adjustment includes, without limitation:

1.A change in the payment amount;

2.A change in the loan amount;

3.A loan forbearance;

4.A change in the loan maturity; and

5.A change in the interest rate.

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“Loan modification consultant” means a person who, directly or indirectly, makes any solicitation, representation or offer to a homeowner to perform for compensation, or who, for compensation, performs any act that the person represents will adjust the terms of a mortgage loan in a manner not provided for in the original or previously modified mortgage loan. Such an adjustment includes, without limitation:
1. A change in the payment amount;
2. A change in the loan amount;
3. A loan forbearance;
4. A change in the loan maturity; and
5. A change in the interest rate.