Prepayment

The new regulations specifically excluded loans with: (a) Excessive fees, (b) Prepayment penalties, (c) Single premium credit life insurance, (or d) Evidence that the lender did not adequately consider the borrower's ability to make payments, plus any loans that the HUD secretary deemed to violate good lending practices.

David Fiderer: The Real Reason Fannie and Freddie Lost So Much Money David Fiderer 2011

Prepayment is for a full tank of gas and can benefit renters who return vehicles with a nearly empty gas tank.

Rental car gas prices hit more than $9 a gallon 2011

The new regulations specifically excluded loans with: (a) Excessive fees, (b) Prepayment penalties, (c) Single premium credit life insurance, (or d) Evidence that the lender did not adequately consider the borrower's ability to make payments, plus any loans that the HUD secretary deemed to violate good lending practices.

David Fiderer: The Real Reason Fannie and Freddie Lost So Much Money David Fiderer 2011

Prepayment penalties that can trap borrowers in abusive loans are banned for adjustable rate, subprime, and other risky mortgages, and limited for all home loans.

Chris Bowers: Why We Must Pass the Wall Street Reform Bill Chris Bowers 2010

Prepayment penalties would still be permitted on income-verified standard loans, but lenders would be required to offer alternative financing without penalties for early payoffs.

Consumers stand to gain the most from financial overhaul 2010

Prepayment of real estate taxes would add further millions.

Dealings Felix Rohatyn 2010

Prepayment penalties would still be permitted on income-verified standard loans, but lenders would be required to offer alternative financing without penalties for early payoffs.

Consumers stand to gain the most from financial overhaul 2010

Letters: Prepayment meters are a problem facing many, particularly the most vulnerable in our society

Letters: Aramaic lives 2010

Prepayment, where money is deposited into a separate account to cover decommissioning costs even before the plant begins operation.

Decommissioning nuclear facilities 2009

Prepayment penalties imposed fees on homeowners for paying mortgage debt early; adjustable rate mortgages resulted in payment shock when low teaser rates skyrocketed to exorbitant levels; borrowers with interest-only loans found that their loan principal increased as they paid back their mortgage; and "no-doc" loans locked unsuspecting borrowers into mortgages they could not afford.

Harry Moroz: Last Call for Mortgage Reform 2009