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§ 7-506. Powers of Commissioner relating to enforcement of subtitle

West's Annotated Code of MarylandReal PropertyEffective: July 1, 2013

West's Annotated Code of Maryland
Real Property (Refs & Annos)
Title 7. Mortgages, Deeds of Trust, and Vendor's Liens (Refs & Annos)
Subtitle 5. Maryland Mortgage Assistance Relief Services Act (Refs & Annos)
Effective: July 1, 2013
MD Code, Real Property, § 7-506
§ 7-506. Powers of Commissioner relating to enforcement of subtitle
Currentness
Powers provided under Financial Institutions Article
(a) The Commissioner may enforce the provisions of this subtitle by exercising any of the powers provided under §§ 2-113 through 2-116 of the Financial Institutions Article.
Injunctions, appointment of receiver, and recovery of costs
(b)(1) The Commissioner may seek an injunction to prohibit a person who has engaged or is engaging in a violation of this subtitle from engaging or continuing to engage in the violation.
(2) The court may enter any order or judgment necessary to:
(i) Prevent the use by a person of any prohibited practice;
(ii) Restore to a person any money or real or personal property acquired from the person by means of any prohibited practice; or
(iii) Appoint a receiver in case of willful violation of this subtitle.
(3) In any action brought by the Commissioner under this section, the Commissioner is entitled to recover the costs of the action for the use of the State.
Affirmative actions to correct violations
(c) The Commissioner may enforce the provisions of this subtitle by requiring a violator to take affirmative action to correct the violation, including the restitution of money or property to any person aggrieved by the violation.
Investigations and collaboration with other units of State government
(d) The Commissioner may:
(1) Investigate violations of this subtitle; and
(2) Aid any other unit of State government that has regulatory jurisdiction over the business activities of the violator.
Cooperation with Attorney General and federal agencies
(e) The Commissioner may cooperate in the investigation and prosecution of any violation of this subtitle with:
(1) The Office of the Attorney General, a State's Attorney, or any other unit of law enforcement in the State; or
(2) The Federal Trade Commission, the Consumer Financial Protection Bureau, or the U.S. Department of Housing and Urban Development.

Credits

Added by Acts 2013, c. 464, § 1, eff. July 1, 2013; Acts 2013, c. 465, § 1, eff. July 1, 2013.
MD Code, Real Property, § 7-506, MD REAL PROP § 7-506
Current through legislation effective through April 9, 2023, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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