Washington Statutes
§ 19.144.050 — Negative amortization—Limitation.
Washington § 19.144.050
JurisdictionWashington
Title 19BUSINESS REGULATIONS—MISCELLANEOUS
Ch. 19.144MORTGAGE LENDING AND HOMEOWNERSHIP
This text of Washington § 19.144.050 (Negative amortization—Limitation.) is published on Counsel Stack Legal Research, covering Washington primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Wash. Rev. Code § 19.144.050 (2026).
Text
A financial institution may not make or facilitate a residential mortgage loan that includes any provisions that impose negative amortization and which are subject to the interagency guidance on nontraditional mortgage product risks and the statement on subprime mortgage lending.
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Related
Frank Bucci, App. v. Northwest Trustee Services, Resps.
387 P.3d 1139 (Court of Appeals of Washington, 2016)
Legislative History
[2008 c 108 s 6.]
Nearby Sections
15
§ 19.02.010
Purpose—Intent.§ 19.02.020
Definitions.§ 19.02.030
Business licensing service—Duties—Rules.§ 19.02.050
Participation of state agencies.§ 19.02.080
Licensing fees—Disposition of.§ 19.02.100
Business license—Issuance or renewal—Denial.§ 19.02.210
Business license account.Cite This Page — Counsel Stack
Bluebook (online)
Washington § 19.144.050, Counsel Stack Legal Research, https://law.counselstack.com/statute/wa/19.144.050.