Statute · California Health and Safety Code

Cal. Health & Safety Code § 51152 — Loans to Qualified Mortgage Lenders

Cal. Health & Safety Code § 51152

Type
Statute
Source
California Health and Safety Code
Jurisdiction
California
Current through
Nov 2, 2026 (California Legislative Counsel)

Loans shall not be made by the agency to a qualified mortgage lender under this article, except pursuant to an agreement between the agency and the qualified mortgage lender. The agreements shall include the following:

Citator

Cal. Health & Safety Code § 51152 — Loans to Qualified Mortgage Lenders is in force in the current edition of the Code, and nothing recorded condemns it.

Loans shall not be made by the agency to a qualified mortgage lender under this article, except pursuant to an agreement between the agency and the qualified mortgage lender. The agreements shall include the following:

(a)  A maximum interest rate that can be charged for construction loans or mortgage loans.

(b)  A specification of the requirements of loans authorized by this part.

(c)  Standards for mortgage servicing and foreclosure practices, including programs of forbearance and recasting for mortgages in default.