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2017 Massachusetts General Laws
PART II REAL AND PERSONAL PROPERTY AND DOMESTIC RELATIONS
TITLE I TITLE TO REAL PROPERTY
Chapter 183C PREDATORY HOME LOAN PRACTICES
Section 7 Interest rate increases
Universal Citation: MA Gen L ch 183C § 7 (2017)
Section 7. A high-cost home mortgage loan shall not contain a provision that increases the interest rate after default. This section shall not apply to interest rate changes in a variable rate loan otherwise consistent with the home loan documents provided that the change in the interest rate is not triggered by the event of default or the acceleration of indebtedness.
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