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MAINE STATUTES AND CODES

9-A §8-206-G. Annual report to Legislature

Title 9-A: MAINE CONSUMER CREDIT CODE

Article 8: TRUTH-IN-LENDING

Part 2: DISCLOSURE REQUIREMENTS

§8-206-G. Annual report to Legislature

The Superintendent of Consumer Credit Protection shall report to the Legislature by January 15th of each year regarding the status of mortgage lending in this State and any unfair, deceptive or abusive mortgage lending practices that affect consumers. The report must include, but is not limited to, information on consumer complaints relating to mortgage lending, any enforcement actions, the number of foreclosures in the State, and support for financial literacy and consumer education and counseling. In preparing the report, the superintendent shall consult with the Bureau of Financial Institutions and the Attorney General. [2007, c. 273, Pt. A, §23 (NEW); 2007, c. 273, Pt. A, §41 (AFF).]

SECTION HISTORY

2007, c. 273, Pt. A, §23 (NEW). 2007, c. 273, Pt. A, §41 (AFF).

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