Mass. Gen. Laws ch. 183C § 16

Current through Chapter 231 of the 2024

Section 183C:16 - Default

A lender shall not recommend or encourage default on an existing loan or other debt prior to and in connection with the closing or planned closing of a high-cost home mortgage loan that refinances all or any portion of the existing loan or debt.

Mass. Gen. Laws ch. 183C, § 16

Added by Acts 2004, c. 268,§ 6, eff. 11/7/2004.