DIVISION 1.10. HIGHER-PRICED MORTGAGE LOANS [4995. - 4995.6.]
Heading of Division 1.10 renumbered from Division 1.9 by Stats. 2011, Ch. 243, Sec. 12.
§§ 4995–4995.6 · 7 sections
- § 4995 The following definitions shall apply for purposes of this division: (a) “Higher-priced mortgage loan” has the meaning set forth in Section 1026.35 of Title 12…
- § 4995.1 Notwithstanding any other provision of law, the maximum amount of a prepayment penalty that may be imposed by a licensed person in connection with a…
- § 4995.2 (a) This division shall apply to any licensed person who in bad faith attempts to avoid the application of this division by doing either of the following: (1)…
- § 4995.3 (a) Any licensed person who violates any provision of this division shall be deemed to have violated that person’s licensing law. (b) The licensing agency may,…
- § 4995.4 The provisions of this division shall apply to higher-priced mortgage loans originated on or after July 1, 2010.
- § 4995.5 The provisions of this division are severable. If any provision of this division or its application is held invalid, that invalidity shall not affect other…
- § 4995.6 Nothing in this division shall be construed to affect any other rights or remedies otherwise available under the law.