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114 chapters · 762 sections in this title.
Mich. Comp. Laws § 445.1633 Compliance with state and federal laws.
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Sec. 3. A person shall broker, make, or service mortgage loans in accordance with all applicable state and federal laws.
Mich. Comp. Laws § 445.1634 Person making mortgage loan; prohibited conduct.
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Sec. 4. (1) A person offering to make or making a mortgage loan shall not do either of the following: (a) Charge a fee for a product or service if the product or service is not actually provided to the customer. (b) Misrepresent the amount charged by or paid to a third party for …
Mich. Comp. Laws § 445.1635 Mortgage loan with term less than 5 years; payment schedule.
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Sec. 5. A mortgage loan with a term of less than 5 years shall not have a payment schedule with regular periodic payments that when aggregated do not fully amortize the outstanding principal balance. This section does not apply to loans with maturities of less than 1 year, if the…
Mich. Comp. Laws § 445.1636 Federal special information booklet; document to be prepared by department.
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Sec. 6. (1) Subject to subsection (2), at the time a person applies for a mortgage loan, the lender shall provide the applicant with a copy of the special information booklet described in 12 CFR 1024.6, issued under the authority of the real estate settlement procedures act of 19…