(2)(a)1. Every mortgage in which the final payment or the principal balance due and payable upon maturity is greater than twice the amount of the regular monthly or periodic payment of the mortgage shall be deemed a balloon mortgage; and, except as provided in subparagraph 2., there shall be printed or clearly stamped on such mortgage a legend in substantially the following form:
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Was Obama’s Housing and Urban Development secretary from 2014 to 2016. Set up publicly-traded companies lending capital to healthcare and mid-size businesses and was youngest CEO at the time of a.
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