Good Faith and Fair Dealing. A licensee has a duty of good faith and fair dealing in communications, transactions, and course of dealings with a borrower in connection with the advertisement, solicitation, making, servicing, purchase, or sale of any mortgage loan, including, but not limited to: The duty to recommend to a borrower or induce a borrower to enter into only a mortgage loan refinancing that has a net tangible benefit to a borrower, considering all of the circumstances, including the terms of a loan, the cost of a loan, and the borrower's circumstances; The duty to provide to a borrower who is offered a higher-priced mortgage loan information about the non-higher-priced mortgage loans that the licensee can make available and for which the borrower may qualify; and The duty when servicing mortgage loans to: Promptly provide borrowers with an accurate accounting of the debt owed when borrowers request an accounting; Make borrowers in default aware of loss mitigation options and services offered by the licensee; Provide trained personnel and telephone facilities sufficient to promptly answer and respond to borrower inquiries regarding their mortgage loans; and Pursue loss mitigation when possible. Method to Determine Net Tangible Benefit. When determining whether a refinance of a mortgage loan will provide a net tangible benefit to the borrower, a licensee shall make a reasonable inquiry of the borrower to determine what net tangible benefit, if any, the borrower will receive from a mortgage loan. Net tangible benefits may include, but are not limited to: Obtaining a lower interest rate; Obtaining a lower monthly payment, including principal, interest, taxes, and insurance; Obtaining a shorter amortization schedule; Changing from an adjustable rate to a fixed rate; Eliminating a negative amortization feature; Eliminating a balloon payment feature; Receiving cash-out from the new loan in an amount greater than all closing costs incurred in connection with the loan; Avoiding foreclosure; Eliminating private mortgage insurance; and Consolidating other existing loans into a new mortgage loan. A licensee is considered to have conducted a reasonable inquiry of whether a refinance of a mortgage loan provides a net tangible benefit to a borrower if the mortgage lender has the borrower complete and sign a net tangible benefit worksheet on the form prescribed by the Commissioner, or a form that is substantially similar to the form prescribed by the Commissioner.