A high-cost home mortgage loan shall not contain a payment schedule with regular periodic payments such that the result is an increase in the principal amount.
Mass. Gen. Laws ch. 183C, § 10
Periodic payment schedule
Known as the Predatory Home Loan Practices Act
The act spans §§ 183C-1 to 183C-9 (19 sections).
Official source: Massachusetts Legislature. Reproduced from public-domain Massachusetts statutes; confirm against the official source for the current text. Not legal advice.