creanty 1. Pre-payment penalties are a lesser concern to a homeowner than to a lender because (a) the lender usually has
Posted: Wed Jul 06, 2022 6:44 pm
creanty 1. Pre-payment penalties are a lesser concern to a homeowner than to a lender because (a) the lender usually has newer higher yielding mvestment opportunities (b) the borrower has the knowledge that the mortgage loan was kept in portfolio (c) the lender cannot always the repaid loan proceeds to make buy Treasuries and stay liquid (d) state statutes often permit homeowners to pre-pay owner-occupied mortgage loans without penalty (e) both (c) and (d) (f) all of the above