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District of Columbia Code Division V. Local Business Affairs § 26-1152.05. No encouragement of default.

Current as of January 01, 2024 | Updated by Findlaw Staff

A lender shall not recommend or encourage the borrower to default on an existing loan or other debt prior to and in connection with the closing or planned closing of a covered loan that refinances all or any portion of the existing loan or other debt.

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Cite this article: FindLaw.com - District of Columbia Code Division V. Local Business Affairs § 26-1152.05. No encouragement of default. - last updated January 01, 2024 | https://codes.findlaw.com/dc/division-v-local-business-affairs/dc-code-sect-26-1152-05/

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