Discrimination or an end to abuse?

Topics:
Credit Management
Tags:
Government,
JOHN H. HARLAND Co.,
Prepayment Penalty,
Regulations
Source:
John H. Harland Company

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Overview: Currently, the regulations that the state housing creditors are allowed to borrow when making such loans include provisions preempting state restrictions on prepayment penalties and late charges. This article focuses primarily on the effect of these changes on prepayment penalties. The article includes the argument regarding preempting and argument for continuing preempting. There are strong arguments both for and against continuing the preemption of state restrictions on prepayment penalties and late charges. For more information, refer article.

(Is this item miscategorized? Does it need more tags? Let us know.)

Format: PDF | Size: 49KB | Date: Jan 2003 | Pages: 10

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