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Mar 14th

Some Ideas On Lockouts and Default Prepayment

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Some Ideas On Lockouts and Default Prepayment Numerous loan transactions have what’s called a “lockout” period – that is, an interval subsequent to shutting where in fact the prepayment of that loan is forbidden. This supply is just a “bargained-for” economic term upon which a lender is relying in pricing its loan. A lockout duration […]

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