# Commercial Law (GCL)

## Title 12. Credit Regulations

### Subtitle 12. Reverse Mortgage Loans Act

#### Section 12-1208

(a) Except as otherwise provided in this section:

  (1) A lender or arranger of financing for a reverse mortgage loan insured under 12 U.S.C. Sec. 1715z-20 that violates this subtitle is subject to the penalties provided in 12 U.S.C. Sec. 1715z-20, and in any regulations and guidance adopted under 12 U.S.C. Sec. 1715z-20; and

  (2) A lender or arranger of financing for a reverse mortgage loan not insured under 12 U.S.C. Sec. 1715z-20 that violates this subtitle:

    (i) Engages in an unfair or deceptive trade practice within the meaning of Title 13 of this article; and

    (ii) Is subject to the enforcement and penalty provisions contained in Title 13 of this article, except Sec. 13-411.

(b) A violation of this subtitle does not constitute a violation of any other subtitle of this title.

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