Maryland Statutes
Subtitle 2 - General Provisions
Section 1-213 - Determination of Creditworthiness -- Evaluation Rules and Other Alternative Methods

(a)    (1)    In this section the following words have the meanings indicated.
        (2)    “Credit union” has the meaning stated in § 6–101 of this article.
        (3)    “Savings and loan association” has the meaning stated in § 8–101 of this article.
    (b)    This section applies only to:
        (1)    A banking institution;
        (2)    A credit union;
        (3)    A savings and loan association;
        (4)    A community development financial institution; and
        (5)    A credit grantor regulated under Title 11 of this article.
    (c)    When evaluating an application for a primary residential mortgage loan or an extension of credit, an entity subject to this section shall:
        (1)    Adhere to the rules concerning evaluations of applications established under 12 C.F.R. § 1002.6, including consideration of the following verifiable alternative indications of creditworthiness presented or made available to the entity by the applicant:
            (i)    History of rent or mortgage payments;
            (ii)    History of utility payments;
            (iii)    School attendance; and
            (iv)    Work attendance; and
        (2)    If the applicant requests, consider other verifiable alternative indications of creditworthiness presented or made available to the entity by the applicant.