Code of Massachusetts Regulations
209 CMR - DIVISION OF BANKS AND LOAN AGENCIES
Title 209 CMR 53.00 - Determination And Documentation Of Borrower's Interest
Section 53.05 - Underwriting Standards
Universal Citation: 209 MA Code of Regs 209.53
Current through Register 1537, December 20, 2024
In making a home loan in which a determination under 209 CMR 53.04 that the home loan is in the borrower's interest is required, a lender shall use sound underwriting practices which are reasonable in relation to the home loan requested.
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