Pennsylvania Code (Last Updated: April 5, 2016) |
Title 10. BANKING AND SECURITIES |
PART IV. Bureau of Consumer Credit Agencies |
Chapter 46. Proper Conduct of Lending and Brokerage in the Mortgage Loan Business |
Section 46.3. Enforcement
Latest version.
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(a) Violations. Violations of this chapter shall be violations of the Mortgage Act and CDCA, as applicable.
(b) Interpretation of chapter. If a loan is made in good faith in conformity with an interpretation of this chapter by the Department or the courts of this Commonwealth, a penalty for a violation of this chapter will not apply, notwithstanding that after the loan is consummated, the interpretation, rule or regulation is amended, rescinded or determined by a judicial or other authority to be invalid for any reason.