Violation of state or federal law, regulation, or rule; enforcement
Known as the First Lien Mortgage Lending Act
The act spans §§ 24-4.4-1-101 to 24-4.4-3-115 (52 sections).
As added by P.L.145-2008, SEC.20.
Sec. 301. (1) A violation of a state or federal law, regulation, or rule applicable to first lien mortgage transactions is a violation of this article.
(2) The department may enforce penalty provisions set forth in 15 U.S.C. 1640 for violations of disclosure requirements applicable to first lien mortgage transactions.
Official source: Indiana General Assembly. Reproduced from public-domain Indiana statutes; confirm against the official source for the current text. Not legal advice.