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(A) A lender may well not engage knowingly otherwise purposefully regarding the unfair operate otherwise practice of “flipping” a consumer mortgage. So it provision is applicable no matter whether the pace, products, charges, and charge paid back or payable of the debtor in connection with the newest refinancing go beyond people thresholds given when you look at the Area 37-23-20(15). (B) It’s unlawful, towards or just after , having a lender in the a customers…
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