761 CMR, § 21.40

Current through Register 1537, December 20, 2024
Section 21.40 - Credit Underwriting Guidelines

Evaluation by Seller of each Borrower's creditworthiness must be done on a case-by-case basis in compliance with provisions of the Equal Credit Opportunity Act, as amended. MHMFA considers the following guidelines to be sound, general principles in underwriting credit, but may waive requirements upon written request for individual cases.

761 CMR, § 21.40