This subtitle does not apply to: (1) The following persons when engaged in the regular course of their respective businesses and professions: (i) An attorney at law; (ii) An escrow agent; (iii) A certified public accountant; (iv) A banking institution, other-state bank, national banking association, credit union, or savings and loan association; (v) A person that: 1. Provides bill payer services, as defined in § 12-401 of this title; 2. Does not initiate any contract with individual creditors of the debtor to compromise a debt or arrange a new payment schedule; and 3. Does not provide any debt counseling services; (vi) A person that provides accelerated mortgage payment services, as defined in § 12-401 of this title; (vii) A title insurer, title insurance agency, or abstract company; or (viii) A judicial officer or a person acting under a court order; (2) A person while performing services incidental to the dissolution, winding up, or liquidation of a partnership, corporation, or other business enterprise; (3) A trade or mercantile association acting in the course of arranging the adjustment of debts with a business establishment; or (4) A mortgage lender, as defined in § 11-501 er business enterprise; (3) A trade or mercantile association acting in the course of arranging the adjustment of debts with a business establishment; or (4) A mortgage lender, as defined in § 11-501 of this article, that: (i) Is licensed by the Commissioner; and (ii) Does not receive funds from a consumer for the purpose of distributing the funds among the consumer’s creditors in full or partial payment of the consumer’s debts.
Maryland Legal Code