99- 346 C.M.R. ch. 1, § 11

Current through 2024-51, December 18, 2024
Section 346-1-11 - Underwriting Standards

Lenders must approve or reject Mortgage Loan applications according to prudent lending practices they use in making other residential mortgage loans in the State of Maine, standard privatemortgage insurance requirements, the Procedural Guide, the Mortgage Purchase Agreement, and the requirements of any applicable federal mortgage insurance or guaranty program.

99- 346 C.M.R. ch. 1, § 11