164 chapters · 3,415 sections in this title.
Iowa Code § 528.1 Title.
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This chapter is entitled “Alternative and Reverse Annuity Mortgage Loan Act” . 89 Acts, ch 267, §1
Iowa Code § 528.2 Definitions.
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As used in this chapter , unless the context otherwise requires: 1. “Administrator” means the superintendent of banking and the superintendent of credit unions within the department of insurance and financial services. 2. “Alternative mortgage loan” means a mortgage loan which is…
Iowa Code § 528.3 Financial institutions allowed to make alternative mortgages.
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A financial institution may make alternative mortgage loans in accordance with this chapter . General provisions governing a financial institution’s mortgage loans apply to alternative mortgage loans unless inconsistent with the provisions of this chapter . This chapter does not …
Iowa Code § 528.4 Prepayment penalty prohibited.
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A financial institution making an alternative mortgage loan may contract with the mortgagor for interest to be paid currently or to accrue, and if accrued, for accrued interest to be added to the mortgage debt on which interest may be charged and collected. Accrued interest which…