Code of Maryland Regulations (Last Updated: April 6, 2021) |
Title 05. Department of Housing & Community Development |
Subtitle 04. SPECIAL LOAN PROGRAMS |
Chapter 05.04.10. Home and Energy Loan Program |
Sec. 05.04.10.14. Loan Servicing
Latest version.
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Loans shall be subject to a loan servicing agreement to be prepared by the Administration. The agreement shall establish the procedures for the servicing of loans and may permit the deduction of a servicing fee by the servicer from the proceeds of loan repayments.