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Well I am looking at the settlement statement and the records of transactions from the previous lender. The final settlement statement indicates an amount larger than the amount received at the previous lender (the lower amount + the alleged pre-payment added up penalty seems to have brought the...
What is the name of your state? *Nevada*
My wife and I refinanced our home late last year. A prepayment penalty was expected and accounted for in the loan. The old lender sent a demand letter to the escrow company for the prepayment penalty, which it paid a week prior to closing.
At close of...
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