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§ 19-144-050 — Washington Law | CourtGPT
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  4. Title 19 - Business Regulations—miscellaneous/
  5. Chapter 19.144 - Mortgage Lending and Homeownership.19.144.005 - Findings—2008 C 108/
  6. § 19-144-050
Washington Legal Code

§ 19-144-050

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RCW 19.144.050Negative amortization—Limitation.A financial institution may not make or facilitate a residential mortgage loan that includes any provisions that impose negative amortization and which are subject to the interagency guidance on nontraditional mortgage product risks and the statement on subprime mortgage lending.[ 2008 c 108 s 6.]