General Laws
Part 64. No mortgagee shall discriminate, on a foundation that is arbitrary or unsupported by an acceptable analysis associated with lending risks of a domestic home loan deal, into the granting, withholding, expanding, changing or renewing, or in the fixing of this prices, terms, conditions or conditions of any domestic real estate loan or in just about any written application therefor on residential genuine home found in the commonwealth of four or less separate households occupied or even to be occupied in entire or in component by the applicant, that is in the reasonable solution part of such mortgagee, from the foundation such home is situated in a particular neighbor hood or geographic area; supplied, nonetheless, so it shall never be a breach of the area in the event that domestic home loan is manufactured pursuant to a particular public or private system, the objective of that is to improve the option of home loans within a particular neighbor hood or geographical area. Continue reading
