Section 51152 Of Article 3. Loans To Qualified Mortgage Lenders From California Health And Safety Code >> Division 31. >> Part 3. >> Chapter 5. >> Article 3.
51152
. 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.