General Laws of Massachusetts (Last Updated: January 16, 2020) |
PART II REAL AND PERSONAL PROPERTY AND DOMESTIC RELATIONS |
TITLE I. TITLE TO REAL PROPERTY |
CHAPTER 183C. PREDATORY HOME LOAN PRACTICES |
SECTION 16. Default in connection with refinancing
Latest version.
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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.