Any mortgage broker who violates any provision of this subtitle shall forfeit to the borrower the greater of:
(1) Three times the amount of the finder’s fee collected; or
(2) The sum of $500.
Structure Maryland Statutes
Subtitle 8 - Loans -- Finder's Fees
Section 12-802 - Application of Subtitle
Section 12-803 - Prohibited Relationship Between Broker and Lender
Section 12-804 - Fees Mortgage Broker Permitted to Charge
Section 12-805 - Payment of Finder's Fee
Section 12-806 - Refund of Finder's Fee
Section 12-807 - Violation of Subtitle
Section 12-808 - Circumstances Under Which Broker May Not Collect Fee