PocketLaw | Michigan Compiled Laws | 135 of 1977 - Mortgage Lending

135 of 1977 - Mortgage Lending Practices (445.1601 - 445.1614)

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Section
445.1601

Definitions.

Section
445.1602

Denying Loan Application or Varying Terms or Conditions of Loan Contract; Uniform Application of Policy or Criteria; Basis for Consideration of Loan Application; Minimum Mortgage Amount; Minimum Loan Amount; Opportunity to Submit Loan Application; Credit Unions; Written Statement; Compliance With Equal Credit Opportunity Act; Application Fee; Copy of Appraisal; Copies of Forms, Reports, and Correspondence; Liability for Error or Omission; Loan Inquiry; Pamphlet or Document Explaining Criteria.

Section
445.1602a

Property/casualty Insurance as Condition to Loan; Limitation on Amount Required; Amount as Condition of Sale, Transfer, or Assignment.

Section
445.1603

Lending Policies and Criteria; Loan Application Procedures and Contract Terms.

Section
445.1604

Advantageous Loan Terms.

Section
445.1605

Notice to Loan Inquirers or Applicants; Posting; Contents.

Section
445.1606

Repealed. 2002, Act 692, Eff. Mar. 31, 2003.

Section
445.1607

Retention of Records and Documents.

Section
445.1608

Violation; Investigation; Progress Report; Hearing; Report; Availability of Information.

Section
445.1609

Voluntary Mortgage Review Boards; Mandatory Mortgage Review Boards.

Section
445.1610

Rules.

Section
445.1611

Injunction; Damages; Commissioner as Party Plaintiff; Class Actions Prohibited.

Section
445.1612

Violation; Fine; Costs of Investigation; Proceedings.

Section
445.1613

Commencement of Action; Limitation.

Section
445.1614

Effective Date.