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What Is Predatory Lending?
November 8, 1999 "What is 'predatory lending'"? Predatory lendinghas been much in the news lately, and legislation has been introduced in a number of states to regulate it away. Most of this proposed legislation is ill-advised -- a knee-jerk response to horror stories. ... more... Mortgage Prepayment Penalties October 12, 2001, Revised November 17, 2004 What Is a Mortgage Prepayment Penalty? A prepayment penalty is a provision of your contract with the lender that states that in the event you pay off the loan entirely, you will pay a penalty. Penalties are usually expressed as a ... more... |
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refinancing home interest mortgage prepayment penalty loan lender related definitions |
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Second Mortgage, Home Equity Loan
Second Mortgage, Home Equity Loan A secured loan (mortgage) that is subordinate to another loan against the same property. More specifically, the second loan in sequence. Generally, second mortgage hass a higher interest rate and with shorter terms than a ... more... Negative Amortization Negative Amortization Negative amortization, also known as Neg Amortization, NegAm, NegAmMort, occurs when borrower pays back less than the full amount of interest owed to the lender each month. The difference betweeen full interest and paid amount is added to the total amount ... more... |
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More about refinancing home interest mortgage prepayment penalty loan lender
Home Mortgage Loan Refinance - Refinancing a Fixed Rate Mortgage High Risk Home Mortgage Lenders Online Mortgage Prepayment Penalties - Just Say No Mortgage Calculator How to Calculate Your Monthly Mortgage Payment Finding a Mortgage Refinance Advisor What Exactly is a Mortgage Broker and How Can He/She Help You Save Thousands on Your Mortgage? Home Mortgage Loan Refinancing - Ready to Refi? About Refinancing Your Home Mortgage Loan Tips On New York Mortgage Refinance Loan Refinance Mortgage Brokers Online Mortgage Refinancing Tips
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