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Statute 645f 365 — Nevada Law | CourtGPT
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Nevada Legal Code

Statute 645f 365

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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. (Added to NRS by 2009, 1457)