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: Kentucky Law BlogMONEY: "Q: Can lenders still charge prepayment penalties?"
By Michael Stevens
Here's a money tip on mortgages found in the Courier Journal today:
A: A new Kentucky law bans prepayment penalties three years after a mortgage is issued or 60 days before the first interest-rate reset, whichever is less.
Full post as published by Kentucky Law Blog on June 11, 2008 (boomark / email).
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