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2021 Maryland Statutes
Commercial Law
Title 12 - Credit Regulations
Subtitle 8 - Loans -- Finder's Fees
Section 12-806 - Refund of Finder's Fee
Universal Citation: MD. Commercial Law Code Ann. § 12-806 (2021)
A borrower is entitled to a refund of any finder’s fee paid to a mortgage broker if:
(1) The loan transaction is not made to the borrower; or
(2) The borrower exercises his right to rescind the loan transaction under the federal Truth in Lending Act or any similar federal or State law.
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