District of Columbia · Through 2026-08-20 (D.C. Law 26-175)

D.C. Code § 26-1152.05: No encouragement of default.

Where this section sits in the code

Title 26. Banks and Other Financial Institutions.
Chapter 11A. Home Loan Protection.
Subchapter II. Prohibited Practices.

A lender shall not recommend or encourage the borrower to default on an existing loan or other debt prior to and in connection with the closing or planned closing of a covered loan that refinances all or any portion of the existing loan or other debt.

Collected 2026-08-29T05:44:07Z. Source file · JSON

Browse this collection