Section 1-213 - Evaluating an application for a primary residential mortgage loan or an extension of credit(a)(1) In this section the following words have the meanings indicated.(2) "Credit union" has the meaning stated in § 6-101 of this article.(3) "Savings and loan association" has the meaning stated in § 8-101 of this article.(b) This section applies only to:(1) A banking institution;(3) A savings and loan association;(4) A community development financial institution; and(5) A credit grantor regulated under Title 11 of this article.(c) When evaluating an application for a primary residential mortgage loan or an extension of credit, an entity subject to this section shall: (1) Adhere to the rules concerning evaluations of applications established under 12 C.F.R. § 1002.6, including consideration of the following verifiable alternative indications of creditworthiness presented or made available to the entity by the applicant: (i) History of rent or mortgage payments;(ii) History of utility payments;(iii) School attendance; and(iv) Work attendance; and(2) If the applicant requests, consider other verifiable alternative indications of creditworthiness presented or made available to the entity by the applicant.Added by 2021 Md. Laws, Ch. 426,Sec. 1, eff. 10/1/2021.