Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: EL KABONG!!! who wrote (33660)	5/14/2003 1:26:30 AM
From: smolejv@gmx.net	Read Replies (1) of 74559

This is a perfect answer, KC, except >>Most people I know (including me) wouldn't accept a mortgage from a lender that insisted upon a prepayment clause.<< Huh?!... Because of some hidden costs involved for the mortgagee or what? Or does it go both ways, ie the lender can sort of evict you out of the contract same way as you can terminate by prepaying? Or is the opposite, like "insisted upon striking the prepayment clause", actually what you meant? TIA dj

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