2021 Maryland Statutes
Commercial Law
Title 12 - Credit Regulations
Subtitle 8 - Loans -- Finder's Fees
Section 12-807 - Violation of Subtitle

    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.

Disclaimer: These codes may not be the most recent version. Maryland may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.