Plain Text Law

§ 4–236

Statutes in effect as of October 1, 2026.

Md. Code Ann., Hous. & Cmty. Dev. § 4-236 (2026)
Title 4. Division of Development Finance
Subtitle 2. Community Development Administration

§ 4–236Copy Citation

In carrying out this section and §§ 4-237 through 4-241 of this subtitle, the Administration may not make a loan to a mortgage lender or purchase a mortgage loan from a mortgage lender unless the mortgage lender is:
(1)
a bank, trust company, savings institution, savings and loan association, national bank association, mortgage banker, or other financial institution that:
(i)
has an office in the State; and
(ii)
makes or originates residential mortgage loans;
(2)
an insurance company authorized to do business in the State; or
(3)
the Maryland Home Financing Program.