Home Equity Conversion Mortgage Act

Sections covered

• Tenn. Code Ann. § 47-30-101Short title
• Tenn. Code Ann. § 47-30-102Chapter definitions
• Tenn. Code Ann. § 47-30-103Authorized lenders — Designation — Application
• Tenn. Code Ann. § 47-30-104Compliance — Noncomplying loans unenforceable — Counseling
• Tenn. Code Ann. § 47-30-105Contract for the payment of interest
• Tenn. Code Ann. § 47-30-106Contract may require borrower to pay certain taxes, premiums and assessments
• Tenn. Code Ann. § 47-30-107Fees — Calculation of outstanding loan balance — Prepayment
• Tenn. Code Ann. § 47-30-108Amount owed by borrower when loan is due — Enforcement of debt
• Tenn. Code Ann. § 47-30-109Provision of information to the commissioner
• Tenn. Code Ann. § 47-30-110Lender to provide borrower with name of agent to answer inquiries — Annual statement of account
• Tenn. Code Ann. § 47-30-111Lender's default — Applicability
• Tenn. Code Ann. § 47-30-112Borrower's default — Terms and conditions
• Tenn. Code Ann. § 47-30-113Notice of foreclosure — Continuation of interest
• Tenn. Code Ann. § 47-30-114Future advances — Exemption from other law
• Tenn. Code Ann. § 47-30-115Prohibited acts
• Tenn. Code Ann. § 47-30-116Rules — Notice of violation — Penalties — Civil actions
• Tenn. Code Ann. § 47-30-117Legislative intent — Construction with other laws
• Tenn. Code Ann. § 47-30-118Fannie Mae Reverse Mortgage Loans