Code of Massachusetts Regulations
761 CMR - MASSACHUSETTS HOME MORTGAGE FINANCE AGENCY
Title 761 CMR 21.00 - Seller's Guide
GENERAL
Section 21.44 - Borrower's Credit Reputation
Universal Citation: 761 CMR 21.00 MA Code of Regs 21.44
Current through Register 1531, September 27, 2024
In addition to the above guidelines, Seller must determine that Borrower's housing payments plus other obligations do not constitute an undue strain on Borrower's ability to make all such payments promptly and that the Borrower has maintained a credit reputation that is commonly acceptable to private institutional leaders.
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