District of Columbia Code
Title 26 - Banks and Other Financial Institutions
Chapter 11A - Home Loan Protection

Subchapter I - Definitions; Federally Regulated and Supervised Entities and Fannie Mae and Freddie Mac

§ 26–1151.01. Definitions - For the purposes of this chapter, the term: (1) “Annual...

§ 26–1151.02. Federally regulated, supervised, and insured entities and the Federal National Mortgage Association and Federal Home Loan Corporation - (a) Nothing in subchapter II of this chapter shall be...

Subchapter II - Prohibited Practices

§ 26–1152.01. Applicability - This subchapter shall only apply to a covered loan as...

§ 26–1152.02. Insufficient repayment ability - (a) A lender shall not make a covered loan if...

§ 26–1152.03. Restrictions on the financing of single-premium credit insurance - A lender shall not sell any individual or group credit...

§ 26–1152.04. Restriction on financing origination/discount points and fees - If a lender refinances a loan secured by the same...

§ 26–1152.05. No encouragement of default - A lender shall not recommend or encourage the borrower to...

§ 26–1152.06. Unfair steering or improper use of credit scores - (a) A lender shall not steer, counsel, or direct any...

§ 26–1152.07. Failing to report favorable payment record - A lender or its servicer shall report a borrower’s favorable...

§ 26–1152.08. Home improvement contracts - (a) A lender shall not pay a contractor under a...

§ 26–1152.09. No increase in interest rate upon default - A lender shall not make a covered loan that includes...

§ 26–1152.10. Charges in bad faith - A lender shall not charge and retain fees paid by...

§ 26–1152.11. Failure to timely send disclosure notice - (a) In making a covered loan, a lender shall send...

§ 26–1152.12. Prepayment premium, fee or charge - A lender shall not include in a covered loan or...

§ 26–1152.13. Limitations on balloon payments - A lender shall not make a covered loan that provides...

§ 26–1152.14. No call provision - A lender shall not make a covered loan that includes...

§ 26–1152.15. No negative amortization - A lender shall not make a covered loan with a...

§ 26–1152.16. No advance payments - A lender shall not make a covered loan that includes...

§ 26–1152.17. No advance waivers - A provision in a covered loan whereby a borrower waives...

§ 26–1152.18. No oppressive mandatory arbitration clause - (a) A mandatory arbitration clause in a note, lien, instrument,...

§ 26–1152.19. Homeownership counseling - A lender shall inform a borrower of his or her...

§ 26–1152.20. Broker licensor - Upon initiation of a business relationship with a mortgage broker,...

§ 26–1152.21. Filing requirements - (a) Within 14 days following the funding of a covered...

§ 26–1152.22. Suspect settlement service providers - The Mayor may create and maintain a public list of...

§ 26–1152.23. Median family income - The Mayor shall periodically publish or make available to lenders...

Subchapter III - Violations and Remedies; Enforcement and Civil Liability

§ 26–1153.01. Violations and remedies - (a) The Mayor or any borrower under a covered loan...

§ 26–1153.02. Enforcement - The Mayor may conduct examinations and investigations, and issue orders...

§ 26–1153.03. Administrative penalties - (a) If the Mayor determines that a person has violated...

§ 26–1153.04. Final decision - A decision of the Mayor under § 26-1153.03 shall be...

§ 26–1153.05. Assignee liability - (a) Any person who purchases or is otherwise assigned a...

Subchapter IV - Rulemaking

§ 26–1154.01. Rulemaking authority - The Mayor shall promulgate rules in accordance with Chapter 5...

Subchapter V - Applicability

§ 26–1155.01. Applicability - (a) Subchapters I through III of this chapter shall apply...