Connecticut Statutes
§ 36a-708 — Prohibited acts by mortgage brokers.
Connecticut § 36a-708
This text of Connecticut § 36a-708 (Prohibited acts by mortgage brokers.) is published on Counsel Stack Legal Research, covering Connecticut primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Conn. Gen. Stat. § 36a-708 (2026).
Text
No mortgage broker shall collect a rate lock-in fee, except where required by a governmental agency to be collected directly by the mortgage broker, issue a mortgage rate lock-in or otherwise represent to a first mortgage loan applicant or the applicant's representative that the loan will be made at a specified rate if the loan is closed by the expiration of a specified period of time. Notwithstanding the provisions of this section, a mortgage broker may provide a mortgage lender's mortgage rate lock-in to a mortgage loan applicant or the applicant's representative on behalf of such mortgage lender and collect a rate lock-in fee on the mortgage lender's behalf payable to the mortgage lender.
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Legislative History
(P.A. 04-105, S. 3.) History: P.A. 04-105 effective May 21, 2004.
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Bluebook (online)
Connecticut § 36a-708, Counsel Stack Legal Research, https://law.counselstack.com/statute/ct/36a-708.