Lawyers in Peter G. Angelos' office have filed a half-dozen class action lawsuits against banks such as Provident Bank of Maryland and mortgage companies such as Baltimore, Md.-based Admiral Mortgage and have declared there are more to come. Several of the complaints allege that the lenders' inducement to consumers -- that closing costs would be waived on home equity loans if the borrowing homeowner kept the loan for three years -- were moot because Maryland's lending laws forbid prepayment penalties on second mortgages.
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Several Class Actions Filed Against MD Lenders 
