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1 MARK GLUKOWSKY v. EQUITY ONE, INC. -- rank: 1000

... payment of such loan in an instrument evidencing such loan." N.J.S.A. 46:10B-3 provides as follows:         A mortgagor shall have the right, during ... above sections [ N.J.S.A. 46:10B-2 and N.J.S.A. 46:10B-3] shall be enforceable, N.J.S.A. 46:10B-4 ... read together, N.J.S.A. 46:10B-2 and N.J.S.A. 46:10B-3 must be interpreted as permitting residential mortgage lenders to charge ... S.A. 46:10B-2 See footnote 3 3 and N.J.S.A. 46:10B-3 See footnote 4 4 address two entirely different scenarios. N ... be prepaid, in full, without penalty, "at any time." Thus, N.J.S.A. 46:10B-3 addresses the partial prepayment of a mortgage loan. It provides ... prepayments of a mortgage, without being assessed a prepayment penalty. N.J.S.A. 46:10B-3 is not implicated in this case, which does not ...

docket:	A3202-01
court:	NJ Superior Court Appellate Division
decided:	2003-04-24
status:	published
citation:	360 N.J. Super. 1 821 A.2d 485
Document Size:	125502