General Laws of Massachusetts - Chapter 167E Mortgages and Loans

• Massachusetts General Laws - Definitions - Chapter 167E, Section 1
  As used in this chapter, the following words, shall unless the context otherwise requires, have the following meanings:— “Bank”, a savings bank, co-operative bank, or...
• Massachusetts General Laws - Repealed, 2004, 461, Sec. 15 - Chapter 167E, Section 1A
  Repealed, 2004, 461, Sec.
• Massachusetts General Laws - Powers - Chapter 167E, Section 2
  Every bank, subject to limitations imposed by this chapter or other General Laws, shall have the following powers and whatever further incidental or complementary powers...
• Massachusetts General Laws - First mortgage real estate loans; classes - Chapter 167E, Section 3
  (a) A bank may make or acquire loans and mortgage loans. (b) For purposes of this chapter, the term “mortgage loan” shall mean a loan,...
• Massachusetts General Laws - Loan policies - Chapter 167E, Section 4
  (a) Each bank shall adopt and maintain comprehensive written loan policies that establish appropriate limits and standards for extensions of credit under section 3 that...
• Massachusetts General Laws - Investigation and appraisal of real estate securing a loan - Chapter 167E, Section 5
  (a) A bank shall inspect the real estate securing a loan in the event that a payment of interest or principal upon the loan or...
• Massachusetts General Laws - Limitations on obligations - Chapter 167E, Section 6
  (a) The total obligations of 1 borrower to a bank under this chapter and chapter 167F shall not exceed the following limitations. (1) 20 per...
• Massachusetts General Laws - Reverse mortgage loans - Chapter 167E, Section 7
  (a) A bank may make or acquire a reverse mortgage loan, pursuant to a program for reverse mortgage loans which has been submitted to and...
• Massachusetts General Laws - Reverse mortgage loan requirements - Chapter 167E, Section 7A
  [Text of section applicable as provided by 2010, 258, Sec. 13 as amended by 2012, 194, Sec. 3.] (a) As used in this section the...
• Massachusetts General Laws - Acquisition of mortgage loans; restrictions - Chapter 167E, Section 8
  (a) A bank may make or acquire mortgage loans evidenced by a note which provides for variation in the rate of interest over the term...
• Massachusetts General Laws - Repealed, 2004, 461, Sec. 15 - Chapter 167E, Section 9 to 12
  Repealed, 2004, 461, Sec.
• Massachusetts General Laws - Repealed, 1992, 268, Sec. 12 - Chapter 167E, Section 12A
  Repealed, 1992, 268, Sec.
• Massachusetts General Laws - Repealed, 2004, 461, Sec. 15 - Chapter 167E, Section 13 to 16
  Repealed, 2004, 461, Sec.

Last modified: September 11, 2015