The Colorado Division of Real Estate has issued Emergency Rule 4CCR 725-3 restricing the use of prepayment penalties. The new rule prohibits prepayment penalties that extend past the adjustment date of any teaser rate, payment rate or interest rate included in a mortgage loan. DocuTech is in the process of adding limiting language to all prepayment penalty documents that will print for the state of Colorado. The revisions will be completed on December 22, 2007. DocuTech is also in the process of determining whether data integrity checks can be used to assist our customers in maintaining compliance with the new rule.