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§ 26-1152.05. No encouragement of default.

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DC Code › Title 26 › Chapter 11A › § 26-1152.05

This text was captured on Aug 14, 2026. It is a snapshot, not a live feed, so check the official code before relying on it.

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A lender shall not recommend or encourage the borrower to default on an existing loan or other debt prior to and in connection with the closing or planned closing of a covered loan that refinances all or any portion of the existing loan or other debt.

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