D.C. Code § 26-1152.10

Current through codified legislation effective October 30, 2024

Section 26-1152.10 - Charges in bad faith

A lender shall not charge and retain fees paid by the borrower in making a covered loan which are:

(1) For services that are not actually performed;

(2) For loan discount points which are not bona fide discount points; or

(3) In violation of the Real Estate Procedures Settlement Act of 1974, approved December 22, 1974 (88 Stat. 1724; 12 U.S.C. § 2601 et seq.).

D.C. Code § 26-1152.10

May 7, 2002, D.C. Law 14-132, § 210, 49 DCR 2551.