Remedies for unauthorized prepay. ment. A mortgagee’s acceptance of a prepayment in violation of paragraph (a) of this section, or attempt to obtain voluntary termination of a mortgage insurance contract in violation of para- graph (b) of this section, is grounds for administrative action under parts 24 and 25 of this title, in addition to any other remedies available by law, in- cluding rescission of the prepayment or reinstatement of the insurance con- tract.
Appears in 1 contract
Sources: Rental Agreement
Remedies for unauthorized prepay. ment. A mortgagee’s acceptance of a prepayment in violation of paragraphparagraph sfrattini on LAPCK6H6L3 with DISTILLER
(a) of this section, or attempt to obtain voluntary termination of a mortgage insurance contract in violation of para- graph (b) of this section, is grounds for administrative action under parts 24 and 25 of this title, in addition to any other remedies available by law, in- cluding rescission of the prepayment or reinstatement of the insurance con- tract.
Appears in 1 contract
Sources: Rental Agreement