DIFFERENTIAL INTEREST RATES.

SEC. 109. DIFFERENTIAL INTEREST RATES. Section 4.13 (12 U.S.C. 2201) (as amended by section 103(a) of this Act) is further amended— (1) by striking out “In” and inserting in lieu thereof “(a) In General.—In”; and (2) by adding at the end thereof the following new subsection: “(b) Differential Interest Rates.— A qualified lender offering more than one rate of interest to borrowers shall, at the request of a borrower of a loan— “(1) provide a review of the loan to determine if the proper interest rate has been established; “(2) explain to the borrower in writing the basis for the interest rate charged; and “(3) explain to the borrower in writing how the credit status of the borrower may be improved to receive a lower interest rate on the loan.”.