{"data":{"id":"us-ct/conn.-gen.-stat.-36a-708","jurisdiction":"us-ct","citation":"Conn. Gen. Stat. § 36a-708","heading":"Prohibited acts by mortgage brokers.","body":"No mortgage broker shall collect a rate lock-in fee, except where required by a governmental agency to be collected directly by the mortgage broker, issue a mortgage rate lock-in or otherwise represent to a first mortgage loan applicant or the applicant's representative that the loan will be made at a specified rate if the loan is closed by the expiration of a specified period of time. Notwithstanding the provisions of this section, a mortgage broker may provide a mortgage lender's mortgage rate lock-in to a mortgage loan applicant or the applicant's representative on behalf of such mortgage lender and collect a rate lock-in fee on the mortgage lender's behalf payable to the mortgage lender.","path":["TITLE 36a. THE BANKING LAW OF CONNECTICUT","CHAPTER 669*. REGULATED ACTIVITIES","PART VI. MORTGAGE PROCESSING"],"source_url":"https://www.cga.ct.gov/current/pub/chap_669.htm#sec_36a-708","current_through":"Revised to January 1, 2026 (2026 Supplement to the General Statutes of Connecticut, applied over the base revision of January 1, 2025)","vintage":"","retrieved_at":"2026-09-06T19:07:12Z","sha256":"2e62f2ed9552c97c1bd12bd6c1f0b5b8ad4cc0fa6f73f6883cf10b6cd516c588","source_id":"us-ct","stale":false,"prev":"us-ct/conn.-gen.-stat.-36a-707","next":"us-ct/conn.-gen.-stat.-36a-709-to-36a-714"},"notice":"GroundRules: Original legal text. Not legal advice."}