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Code · Massachusetts · Part II — REAL AND PERSONAL PROPERTY AND DOMESTIC RELATIONS · Title I — THE GENERAL LAWS, AND EXPRESS REPEAL OF CERTAIN ACTS AND RESOLVES · Chapter 183C

Section 12: Consolidation of payments

37 words·~1 min read·/ma/part-ii/title-i/chapter-183c/12

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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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