§ 12-806

Md. Code, Commercial Law § 12-806, under Article — Commercial Law.

Md. Code, Commercial Law § 12-806

A borrower is entitled to a refund of any finder’s fee paid to a mortgage broker if:

(1) The loan transaction is not made to the borrower; or

(2) The borrower exercises his right to rescind the loan transaction under the federal Truth in Lending Act or any similar federal or State law.