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Monday, 1 June 2020

TD Bank charges $30,000 mortgage penalty to woman forced to sell home due to pandemic


Kristina Barybina

An Ontario woman who lost her income in the pandemic says she was shocked when TD Bank demanded a $30,000 penalty for breaking her mortgage rate prematurely. An expert warns, as the COVID-19 crisis wears on, more homeowners will face hefty penalties when they can’t make mortgage payments.

via CBC | Top Stories News

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