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The CFPB proposed prohibiting lenders in most cases from charging a lump sum due at the end of the loan’s life, known as a balloon payment,...

Do these regulations affect private mortgages as well, or just those looking to be sold aftermarket? I have both bought and sold houses via private mortgages using a 5 year balloon, and would really hate to lose that option. Would definitely have to charge a higher interest rate in lieu of this.

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