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Make extra mortgage payment as part of monthly one (access required)

By Benny Kass
Published: September 20, 2011
Time posted: 9:18 am
DEAR BENNY: I have a related issue to the recent question from a reader regarding payment of extra principal on a mortgage. A few years ago, I read an article that found banks and mortgage servicers were miscalculating the monthly interest charge when customers submitted payments for additional principal. Is there a standard regulation as to how ...



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