The ownership of mortgaged property will be transferred to financial institution if the Options: A . &nbspborrower defaults B . &nbspborrower does not default C . &nbspborrower want less rate D . &nbspborrower want profit

The ownership of mortgaged property will be transferred to financial institution

Question

The ownership of mortgaged property will be transferred to financial institution if the

Options:

A . borrower defaults

B . borrower does not default

C . borrower want less rate

D . borrower want profit

Answer: Option A
Answer: (a).borrower defaults

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