Section 16: Default in connection with refinancing
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/ma/part-ii/title-i/chapter-183c/16A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Section 16. A lender shall not recommend or encourage default on an existing loan or other debt prior to and in connection with the closing or planned closing of a high-cost home mortgage loan that refinances all or any portion of the existing loan or debt.