This is not legal advice for your situation*

Maryland Prohibits Prepayment Penalties

The article regarding Maryland's prohibition of prepayment penalties, originally published in the June, 2008 issue of The Compliance Wizard and updated in the July, 2008 issue, has once again been updated.  To view the updated article, please click here.  We thank Maryland attorney Marjorie A. Corwin, Esq., of Gordon, Feinblatt, Rothman, Hoffberger & Hollander, LLC, for her valuable input on this topic. 





*This article is distributed to provide general information about the subject matter covered and should not be utilized as a substitute for professional advice in specific situations. If you require such advice, please consult with your own professional advisers.