Cal. Code Regs. Tit. 10, § 2842 - Approved Borrower Disclosure Statement for Nontraditional and Subprime Mortgage Products
Current through Register 2021 Notice, Register No. 40, October 1, 2021
A "nontraditional mortgage product" does not include reverse mortgages or home equity lines of credit (other than simultaneous second lien loans).
Note: Authority cited: Sections 10080 and 10240.3, Business and Professions Code. Reference: Sections 10236.4, 10240,10240.2, 10240.3 and 10241, Business and Professions Code.
2. Amendment of section heading, subsections (a) and (b) and Note filed 1-14-2008 as an emergency; operative 1-14-2008 (Register 2008, No. 3). A Certificate of Compliance must be transmitted to OAL by 7-14-2008 or emergency language will be repealed by operation of law on the following day.
3. Certificate of Compliance as to 1-24-2008 order, including further amendment of subsections (a) and (b), transmitted to OAL 7-3-2008 and filed 8-15-2008 (Register 2008, No. 33).
4. Change without regulatory effect amending subsections (a) and (d) filed 6-30-2014 pursuant to section 100, title 1, California Code of Regulations (Register 2014, No. 27).
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