(b) The term 'loan processing activities' includes the following:(1) The receipt, collection, distribution, and analysis of information commonly used in the processing of a residential mortgage loan.(2) Communicating with a borrower or potential borrower to obtain the information necessary for the processing of a residential mortgage loan, to the extent that the communication does not include:(A) offering or negotiating loan rates or terms; or(B) counseling borrowers or potential borrowers about residential mortgage loan rates or terms.As added by P.L.175-2019, SEC.2.
Indiana Legal Code