DIVISION 31. HOUSING AND HOME FINANCE 50000-54034›PART 3. CALIFORNIA HOUSING FINANCE AGENCY 50900-51511›CHAPTER 5. Financing of Housing Developments and Residential Structures 51100-51252›ARTICLE 3. Loans to Qualified Mortgage Lenders 51150-51153
§ 51152
California Health and Safety Code · 2018-11 edition · updated 2026-10-04 · California
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.
(Amended by Stats. 1987, Ch. 1034, Sec. 36.)
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