Finance
Under Massachusetts law, a lender that makes a high-cost (predatory) mortgage loan may face penalties under:
AChapter 40B only
BChapter 93A (Massachusetts Consumer Protection Act) and federal HOEPA✓ Correct
CThe Massachusetts Zoning Act
DMGL Chapter 183A
Explanation
Predatory lending practices violate both the Massachusetts Consumer Protection Act (Chapter 93A) and the federal Home Ownership and Equity Protection Act (HOEPA), which regulate high-cost mortgage loans.
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