No writing of any kind executed in connection with a mortgage loan shall contain:
(1) An agreement whereby the consumer waives any rights accruing to the consumer under the provisions of this chapter.
(2) An irrevocable wage assignment of, or order for the payment of, any salary, wages, commissions or any other compensation for services, or any part thereof, earned or to be earned.
(3) An agreement to pay any amount other than the unpaid balance of the mortgage loan agreement or promissory note or any other charge authorized by this chapter.
Cross References. Section 6124 is referred to in section 6112 of this title.
Structure Pennsylvania Consolidated & Unconsolidated Statutes
Pennsylvania Consolidated & Unconsolidated Statutes
Chapter 61 - Mortgage Loan Industry Licensing and Consumer Protection
Section 6101 - Scope and short title
Section 6111 - License requirements
Section 6112 - Exceptions to license requirements
Section 6121 - General requirements
Section 6122 - Powers conferred on certain licensees engaged in the mortgage loan business
Section 6123 - Mortgage loan business prohibitions
Section 6124 - Prohibited clauses in mortgage loan documents
Section 6125 - Mortgage lending authority
Section 6126 - Requirements as to open-end loans
Section 6131 - Application for license
Section 6131.1 - Prelicensing and continuing education
Section 6133 - Issuance of license
Section 6134 - License duration
Section 6135 - Licensee requirements
Section 6136 - Licensee limitations
Section 6137 - Surrender of license
Section 6138 - Authority of department
Section 6139 - Suspension, revocation or refusal
Section 6141 - Mortgage servicers
Section 6152 - Relationship to other laws
Section 6153 - Preservation of existing contracts
Section 6154 - Procedure for determination of noncompliance with Federal law (Repealed)