Sec. 503. A creditor in a first lien mortgage transaction that: (1) qualifies as a home equity conversion mortgage under the Federal Housing Administration's program; or (2) otherwise constitutes a reverse mortgage; shall provide the debtor with a pamphlet that is approved by the department and that describes the availability of reverse mortgage counseling services provided by housing counselors approved by the Secretary of the United States Department of Housing and Urban Development, as provided in 24 CFR 206.41(a). The debtor must receive the counseling described in this section and present the creditor with the certificate described in 24 CFR 206.41(c) before the creditor may make a first lien mortgage transaction described in this section to the debtor. IC 24-4.4-3 Chapter 3. Administration 24-4.4-3-101 Short title 24-4.4-3-102 Application 24-4.4-3-103 Powers of department; no liability for conforming act or omission 24-4.4-3-104 Department's examination and investigatory authority; record retention; director's authority to control access to records; court order compelling compliance; confidentiality; costs; vendors 24-4.4-3-104.5 Powers of director 24-4.4-3-104.6 Prohibited acts 24-4.4-3-105 Applicability of laws governing administrative orders and rules; venue 24-4.4-3-106 Cease and desist orders; judicial review or enforcement proceedings; record; appeal; unconscionable or fraudulent conduct subject to injunction 24-4.4-3-107 Assurance of discontinuance of conduct; failure to comply 24-4.4-3-108 Civil action by department to restrain violation 24-4.4-3-109 Civil action by department to enjoin deceptive act 24-4.4-3-110 Department's application to court for temporary relief or restraining order 24-4.4-3-111 Civil action by department for willful violation; imposition of civil penalty by department; restitution 24-4.4-3-112 Repealed 24-4.4-3-113 Rights of debtors not affected 24-4.4-3-114 Actions brought by department; venue 24-4.4-3-115 "Civil court"
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