To prohibit lenders making certain high-cost home loans ("sub-prime" loans) from charging fees for products or services that are not provided; requiring a loan applicant to leave blank spaces on an application, or changing the application information to deceive a third party about a borrower's qualifications; financing single premium insurance coverage; and compensating, coercing or intimidating an appraiser to get a higher appraisal. The bill also prohibits misleading statements, including statements about the cost of a loan, the ability of the borrower to repay it, or the value of the property, and requires the lender to consider whether the type of audience to which the statement is directed can reasonably be expected to comprehend it. It requires the Office of Financial and Insurance Services develop and make available model programs for financial education to teach personal financial management skills and the basic principles of saving, borrowing, investing, and protecting against fraud. The bill preempts local governments from regulating in this area. The bill is part of a legislative package comprised of House Bills 6121 to 6127.