Mass. Gen. Laws ch. 183C § 7
Current through Chapters 1 to 249 and Chapters 253 to 255 of the 2024 Legislative Session
A high-cost home mortgage loan shall not contain a provision that increases the interest rate after default. This section shall not apply to interest rate changes in a variable rate loan otherwise consistent with the home loan documents provided that the change in the interest rate is not triggered by the event of default or the acceleration of indebtedness.
Mass. Gen. Laws ch. 183C, § 7