# Commercial Law (GCL)

## Title 12. Credit Regulations

### Subtitle 12. Reverse Mortgage Loans Act

#### Section 12-1205

(a) A reverse mortgage loan that is not insured under 12 U.S.C. Sec. 1715z-20 is not subject to the provisions in 12 U.S.C. Sec. 1715z-20, or in any regulations or guidance adopted under 12 U.S.C. Sec. 1715z-20, that:

  (1) Limit origination fees to $6,000 as adjusted under 12 U.S.C. Sec. 1715z-20(r);

  (2) Impose maximum claim amounts or other loan limit restrictions; or

  (3) Require government insurance for the loan.

(b) A lender or an arranger of financing is not subject to the federal regulatory approval requirements of 24 C.F.R., Part 202 when making or arranging a reverse mortgage loan that is not insured under 12 U.S.C. Sec. 1715z-20.

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Md. Code Ann., Com. Law (as displayed at mgaleg.maryland.gov, October 16, 2026)