Tennessee Code Title 47. Commercial Instruments and Transactions § 47-30-115

(1) Misrepresenting material facts, making false promises, or engaging in a course of misrepresentation through agents or otherwise;

(2) Failing to disburse funds in accordance with the terms of the reverse mortgage loan contract or other written commitment;

(3) Improperly refusing to issue a release of a mortgage;

(4) Engaging in any action or practice that is unfair or deceptive, or that operates a fraud on any person;

(5) Contracting for or receiving shared appreciation, except that this subdivision (5) shall not apply to any Fannie Mae Reverse Mortgage Loan;

(6) Closing a reverse mortgage loan without receiving certification from a counselor that the borrower has received counseling on the advisability of a reverse mortgage loan and the appropriate reverse mortgage loan for the borrower; or

(7) Failing to comply with this chapter.