Refinancing soon after obtaining a mortgage rarely benefits the homeowner and may, in fact, result in prepayment penalties.
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Q2: Predatory lending typically occurs during the loan
Q3: A fixed-rate mortgage is a mortgage with
Q4: Mortgage insurance compensates a debtor for losses
Q5: With respect to real estate transactions, the
Q5: Because a mortgage involves a transfer of
Q9: The Truth-in-Lending Act requires that disclosures of
Q10: A mortgage is a security interest in
Q11: A prepayment penalty clause helps to protect
Q12: A lender that fails to record a
Q15: A lender can require a borrower to
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