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19 sections in this chapter.
Mass. Gen. Laws ch. 183C, § 1 Title
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Section 1. This chapter may be known and cited as the Predatory Home Loan Practices Act.
Mass. Gen. Laws ch. 183C, § 10 Periodic payment schedule
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Section 10. A high-cost home mortgage loan shall not contain a payment schedule with regular periodic payments such that the result is an increase in the principal amount.
Mass. Gen. Laws ch. 183C, § 11 No fee to modify or defer payment
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Section 11. A lender shall not charge a borrower a fee or other charge to modify, renew, extend or amend a high-cost home mortgage loan or to defer a payment due under the terms of a high-cost home mortgage loan.
Mass. Gen. Laws ch. 183C, § 12 Consolidation of payments
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Section 12. A high-cost home mortgage loan shall not include terms pursuant to which more than 2 periodic payments required under the loan are consolidated and paid in advance from the loan proceeds provided to the borrower.
Mass. Gen. Laws ch. 183C, § 13 Forum for disputes
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Section 13. Without regard to whether a borrower is acting individually or on behalf of others similarly situated, any provision of a high cost home mortgage loan that allows a party to require a borrower to assert any claim or defense in a forum that is less convenient, more cos…
