Mga Pautang Sa Sangla Na May Mas Mataas Na Halaga

Section § 4995

Esta sección explica definiciones específicas relacionadas con los préstamos hipotecarios de alto costo. Define un "préstamo hipotecario de alto costo" haciendo referencia a una regulación federal. Luego, describe a una "persona con licencia" como alguien que posee licencias específicas, como un corredor de bienes raíces o un prestamista hipotecario. El término "corredor hipotecario" se refiere a una persona con licencia que ofrece servicios de corretaje hipotecario, lo que implica organizar préstamos hipotecarios a cambio de una compensación. Finalmente, los "servicios de corretaje hipotecario" se definen como la organización de préstamos de alto costo a través de terceros no afiliados, actuando como agente para el prestatario o como agente dual para el prestatario y el prestamista.

Para los fines de esta división, se aplicarán las siguientes definiciones:

(a) “Préstamo hipotecario de alto costo” tiene el significado establecido en la Sección 1026.35 del Título 12 del Código de Regulaciones Federales.

(b) “Persona con licencia” significa un corredor de bienes raíces con licencia bajo la Ley de Bienes Raíces (Parte 1 (que comienza con la Sección 10000) de la División 4 del Código de Negocios y Profesiones), un prestamista o corredor financiero con licencia bajo la Ley de Financiamiento de California (División 9 (que comienza con la Sección 22000)), un prestamista hipotecario residencial con licencia bajo la Ley de Préstamos Hipotecarios Residenciales de California (División 20 (que comienza con la Sección 50000)), un banco comercial o industrial organizado bajo la Ley Bancaria (División 1.1 (que comienza con la Sección 1000)), una asociación de ahorro organizada bajo la Ley de Asociaciones de Ahorro (División 2 (que comienza con la Sección 5000)), y una cooperativa de crédito organizada bajo la Ley de Cooperativas de Crédito de California (División 5 (que comienza con la Sección 14000)).

(c) “Corredor hipotecario” significa una persona con licencia que presta servicios de corretaje hipotecario. Para los fines de esta división, una persona con licencia que otorga préstamos hipotecarios es un “corredor hipotecario” y está sujeta a los requisitos de esta división aplicables a los corredores hipotecarios, únicamente con respecto a las transacciones en las que la persona con licencia presta servicios de corretaje hipotecario.

(d) “Servicios de corretaje hipotecario” significa organizar o intentar organizar, como agente exclusivo para el prestatario o como agente dual para el prestatario y el prestamista, a cambio de una compensación o en expectativa de una compensación, pagada directa o indirectamente, un préstamo hipotecario de alto costo otorgado por un tercero no afiliado.

préstamo hipotecario de alto costo corredor de bienes raíces prestamista financiero ...

Section § 4995.1

Esta ley establece que, en el caso de los préstamos hipotecarios de alto precio, si pagas tu préstamo antes de tiempo, cualquier multa cobrada por tu prestamista no puede ser superior al 2% de la cantidad que pagues en el primer año después de obtener el préstamo, y no más del 1% en el segundo año.

A pesar de cualquier otra disposición legal, el monto máximo de una multa por pago anticipado que puede imponer una persona con licencia en relación con un préstamo hipotecario de alto precio no excederá el 2 por ciento del saldo principal prepagado, por el pago anticipado del préstamo durante los primeros 12 meses siguientes a la formalización del préstamo, o el 1 por ciento del saldo principal prepagado, por el pago anticipado del préstamo durante los segundos 12 meses siguientes a la formalización del préstamo.

multa por pago anticipado hipoteca de alto precio formalización del préstamo ...

Section § 4995.2

This law section targets licensed individuals working with higher-priced mortgage loans to ensure ethical practices. It prohibits actions to bypass regulations by splitting loans into parts or using tricks, and bans false or misleading communications about such loans.

Mortgage brokers must disclose if they only handle higher-priced loans and must not guide clients toward more expensive loans than necessary. Compensation from loans with prepayment penalties must not exceed that from loans without penalties. Brokers should receive consistent pay regardless of the payment source.

Encouraging loan or debt default to secure a deal on a higher-priced loan is not allowed. Loans must not lead to negative amortization unless an agreement helps address borrower delinquency. Violations resulting from good faith errors must be corrected promptly, including notifying the borrower, providing restitution, and adjusting loan terms to align with regulations.

(a) This division shall apply to any licensed person who in bad faith attempts to avoid the application of this division by doing either of the following:

(1) Dividing any loan transaction into separate parts for the purpose and with the intent of evading the provisions of this division.

(2) Any other subterfuge.

(b) Notwithstanding any other provision of law, a licensed person shall not make, or cause to be made, any false, deceptive, or misleading statement or representation in connection with a higher-priced mortgage loan.

(c) A mortgage broker who arranges only higher-priced mortgage loans shall disclose that fact to a borrower, both orally and in writing, at the time of initially engaging in mortgage brokerage services with that borrower.

(d) A mortgage broker who provides mortgage brokerage services shall not steer, counsel, or direct a borrower to accept a loan at a higher cost than that for which the borrower could qualify based upon the loans offered by the persons with whom the broker regularly does business.

(e)

(1) A mortgage broker who provides mortgage brokerage services for a borrower shall not receive compensation, including a yield spread premium, fee, commission, or any other compensation, for arranging a higher-priced mortgage loan with a prepayment penalty that exceeds the compensation that the mortgage broker would otherwise receive for arranging that higher-priced mortgage loan without a prepayment penalty.

(2) When providing mortgage brokerage services for a borrower, a mortgage broker shall receive the same compensation for providing those services whether paid by the lender, borrower, or a third party.

(f) No licensed person shall recommend or encourage default on an existing loan or other debt prior to and in connection with the closing or planned closing of a higher-priced mortgage loan that refinances all or any portion of the existing loan or debt.

(g) A licensed person shall not make a higher-priced mortgage loan that contains a provision for negative amortization. This subdivision shall not preclude a licensed person from entering into a subsequent agreement with a borrower to capitalize payments as a means of permitting a borrower to cure or prevent a delinquency.

(h) A licensed person who makes a higher-priced mortgage loan and who, when acting in good faith, fails to comply with this section, shall not be liable if the licensed person establishes either of the following:

(1) Within 90 days of the loan closing and prior to the institution of any action against the licensed person under this section, the licensed person did all of the following:

(A) Notified the borrower of the compliance failure.

(B) Tendered appropriate restitution.

(C) Offered, at the borrower’s option, either to make the higher-priced mortgage loan comply with the requirements of this division or change the terms of the loan in a manner beneficial to the borrower so that the loan will no longer be considered a higher-priced mortgage loan subject to the provisions of this division.

(D) Within a reasonable period of time following the borrower’s election of remedies, took appropriate action based on the borrower’s choice.

(2)

(A) The compliance failure was not intentional and resulted from a bona fide error notwithstanding the maintenance of procedures reasonably adopted to avoid those errors, and within 120 days after receipt of a complaint or the discovery of the compliance failure or the licensed person’s receipt of written notice of the compliance failure, the licensed person did all of the following:

(i) Notified the borrower of the compliance failure.

(ii) Tendered appropriate restitution.

(iii) Offered, at the borrower’s option, either to make the higher-priced mortgage loan comply with the requirements of this division or change the terms of the loan in a manner beneficial to the borrower so that the loan will no longer be considered a higher-priced mortgage loan subject to the provisions of this division.

(iv) Within a reasonable period of time following the borrower’s election of remedies, took appropriate action based on the borrower’s choice.

(B) For purposes of this subdivision, examples of a bona fide error include clerical, calculation, computer malfunction and programming, and printing errors.

higher-priced mortgage loan loan transaction division bad faith ...

Section § 4995.3

Kung ang isang lisensyadong tao ay lumabag sa anumang patakaran sa dibisyong ito, lumalabag din sila sa kanilang mga batas sa paglilisensya. Ang ahensya na nagbigay sa kanila ng lisensya ay maaaring pigilan sila sa paggawa ng hindi patas o mapanlinlang na mga bagay sa mga mamahaling mortgage pagkatapos ng isang pagdinig. Ang paglabag sa ilang bahagi ng Kodigo Sibil ng California, o mga pederal na patakaran tungkol sa maagang pagbabayad ng mortgage, ay isa ring paglabag dito. Tanging ang Attorney General o ang ahensya ng paglilisensya lamang ang maaaring magpatupad ng mga patakarang ito, at kung sadyang nilabag ng isang tao ang mga ito, maaari silang pagmultahin ng hanggang $10,000 sa bawat paglabag. Bukod pa rito, ang anumang problematikong probisyon tungkol sa mga parusa sa maagang pagbabayad sa mga loan na ito ay hindi maaaring ipatupad.

(a) Ang sinumang lisensyadong tao na lumalabag sa anumang probisyon ng dibisyong ito ay ituturing na lumabag sa batas ng paglilisensya ng taong iyon.

(b) Ang ahensya ng paglilisensya ay maaaring, sa pamamagitan ng utos at pagkatapos ng nararapat na pagdinig administratibo, ipagbawal ang mga lisensyado sa ilalim ng dibisyong ito na makisali sa mga gawain o kasanayan na may kaugnayan sa mga mortgage loan na may mas mataas na presyo na natuklasan ng ahensya ng paglilisensya na hindi patas, mapanlinlang, o idinisenyo upang iwasan ang mga batas ng estadong ito.

(c) Ang paglabag sa Seksyon 2923.1 ng Kodigo Sibil na may kaugnayan sa isang mortgage loan na may mas mataas na presyo ay isang paglabag sa dibisyong ito.

(d) Ang paglabag sa mga probisyon ng Bahagi 226 ng Titulo 12 ng Code of Federal Regulations, na may kaugnayan sa mga parusa sa maagang pagbabayad sa koneksyon sa mga mortgage loan na may mas mataas na presyo, ay isang paglabag sa dibisyong ito.

(e) Ang mga probisyon ng dibisyong ito ay maaaring ipatupad lamang ng Attorney General o ng ahensya ng paglilisensya ng lisensyadong tao. Ang sinumang lisensyadong tao na sadyang at may kaalamang lumalabag sa anumang probisyon ng dibisyong ito ay mananagot para sa isang sibil na parusa na hindi hihigit sa sampung libong dolyar ($10,000) para sa bawat paglabag.

(f) Ang isang probisyon ng parusa sa maagang pagbabayad o yield spread premium ng isang mortgage loan na may mas mataas na presyo na lumalabag sa dibisyong ito ay hindi maipapatupad.

mga paglabag ng lisensyado mga pautang sa mortgage hindi patas na gawain ...

Section § 4995.4

Sinasabi ng batas na ito na ang anumang patakaran o regulasyon na binanggit sa seksyong ito ay may kaugnayan sa mga mortgage loan na may mas mataas na presyo na nagsimula noong o pagkatapos ng Hulyo 1, 2010.

Ang mga probisyon ng dibisyong ito ay mag-aaplay sa mga mortgage loan na may mas mataas na presyo na nagsimula noong o pagkatapos ng Hulyo 1, 2010.

mga mortgage loan na may mas mataas na presyo mga mortgage loan petsa ng pagsisimula ng loan ...

Section § 4995.5

Esta ley significa que si una parte de ella se considera inválida o inaplicable, el resto de la ley aún puede ser utilizado y aplicado. La parte inválida no afectará otras partes que puedan mantenerse por sí solas.

separabilidad disposición inválida ejecución de la ley ...

Section § 4995.6

Sehemu hii inamaanisha tu kwamba kitengo hakibadilishi au kupunguza haki au suluhisho zingine zozote za kisheria zinazopatikana chini ya sheria zingine.

Hakuna chochote katika kitengo hiki kitakachotafsiriwa kuathiri haki au suluhisho zingine zozote zinazopatikana vinginevyo chini ya sheria.

haki za kisheria suluhisho tafsiri ya sheria ...