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 53.08 - Notice of Claims

Universal Citation: 209 MA Code of Regs 209.53
Current through Register 1531, September 27, 2024

If a lender must make a determination that a home loan is in the borrower's interest pursuant to 209 CMR 53.04, such lender may require, by contract, that said borrower not more than 30 days prior to the filing of any action instituted by the borrower alleging that the lender violated M.G.L. c. 183, § 28C(a), mail or deliver to the lender a written demand for relief, identifying the borrower and reasonably describing the violation of M.G.L. c. 28C and the injury suffered.

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