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druw druw
wrote...
Posts: 364
Rep: 1 0
6 years ago
This is a neutral third-party - often an attorney - who holds the deed of trust, and if the borrower defaults, will proceed to foreclose on the property:
 
  a. Mortgagor
  b. Mortgagee
  c. Trustee
  d. Trustor

Q. 2

Define jurisprudence..
 
  What will be an ideal response?

Q. 3

Although the purpose of the deed of trust is the same as the mortgage - to pledge the real property as collateral for the loan - a deed of trust involves three parties:
 
  a. True
  b. False

Q. 4

What is the decision of a trial court called?
 
  What will be an ideal response?

Q. 5

The lender, which receives the pledge (mortgage) of the real property/collateral from the borrower, is the:
 
  a. Mortgagor
  b. Mortgagee
  c. Trustee
  d. Trustor

Q. 6

Where are all federal laws published?
 
  What will be an ideal response?

Q. 7

The borrower of loan proceeds for the purchase of real property is the:
 
  a. Mortgagor
  b. Mortgagee
  c. Obligee
  d. Assignor
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krakskraks
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Posts: 341
Rep: 1 0
6 years ago
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druw Author
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6 years ago
Brilliant
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Yesterday
Thanks
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2 hours ago
Helped a lot
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