Health and Safety Code section 51152

Loans shall not be made by the agency to a qualified mortgage lender under this article, except pursuant to an agreement between the agency and the qualified mortgage lender. The agreements shall include the following:

(a)

A maximum interest rate that can be charged for construction loans or mortgage loans.

(b)

A specification of the requirements of loans authorized by this part.

(c)

Standards for mortgage servicing and foreclosure practices, including programs of forbearance and recasting for mortgages in default.

Source: Section 51152, https://leginfo.­legislature.­ca.­gov/faces/codes_displaySection.­xhtml?lawCode=HSC§ionNum=51152.­ (updated Jan. 1, 1987; accessed Jun. 25, 2025).

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Verified:
Jun. 25, 2025

§ 51152's source at ca​.gov