9.A common risk that fA common risk that frequently interferes with a lender's efforts to work outhrough either nonforeclosure means or foreclosure is: Student Response Value Correct Answer Feedback A. Equity of redemption.B. Statutory right of redemption.C. Exculpatory clauses.D. Bankruptcy.E. Deficiency judgment. 0% Score: 0/1 10.The characteristics The characteristics of a borrower that can be considered by a lender in aapplication are limited by the:
Student Response Value Correct Answer Score: 1/1 11.The Real Estate Sett The Real Estate Settlement Procedures Act does which of these: Correct Answer Feedback
Student Response Value Correct Answer Feedback 100% Score: 1/1 12.Foreclosure tends to Foreclosure tends to be quickest in states that: Student Response Value Correct Answer Feedback 100%
Score: 1/1 13.From a home mortgage From a home mortgage lender's perspective, which statement is true abobankruptcy upon foreclosure? Student ResponseValueCorrect AnswerFeedbackA. Chapter 7 bankruptcy is the most "lender friendly" form.B. Chapter 11 bankruptcy is the most "lender friendly" form.C. Chapter 13 bankruptcy is the most "lender friendly" form.D. All forms of bankruptcy are equally devastating to a lender's efforts to foreclose.E. No form of bankruptcy causes serious 0%
Student ResponseValueCorrect AnswerFeedbackproblems for a lender seeking to foreclose a mortgage. Score: 0/1
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- Fall '11