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Bureau Issues Revised Interpretive Letter Regarding "Conventional Mortgage Rate" Definition
March 18, 2025
The Bureau has issued an interpretive letter regarding use of the term "conventional mortgage rate" in the Maine Consumer Credit Code. This interpretive letter rescinds and replaces the Bureau's September 3, 2024 interpretive letter on the same subject. A copy of the letter is attached. Additional copies are available on the Bureau's website.