Massachusetts Statutes

§ 12 — Consolidation of payments

Massachusetts·Part II REAL AND PERSONAL PROPERTY AND DOMESTIC RELATIONS·Title I TITLE TO REAL PROPERTY·Ch. 183C PREDATORY HOME LOAN PRACTICES
Section 12. A high-cost home mortgage loan shall not include terms pursuant to which more than 2 periodic payments required under the loan are consolidated and paid in advance from the loan proceeds provided to the borrower.

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