§ 47.6. Credit Services Act applicability to mortgage loan modifications.

 A mortgage broker or mortgage originator providing mortgage loan modifications may be considered to be a ‘‘credit services organization’’ as that term is defined in section 2 of the Credit Services Act (73 P. S. §  2182). As such, a mortgage broker or mortgage originator providing mortgage loan modifications should carefully review the Credit Services Act (73 P. S. § §  2181—2192) and, when appropriate, contact the Pennsylvania Office of Attorney General regarding the Credit Services Act’s applicability to mortgage loan modifications.

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