The mortgagee has a right to foreclose when the mortgagor defaults on the payment of the debt.
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Q24: Under the lien theory, the mortgagee retains
Q25: A permanent rate mortgage is a mortgage
Q26: Under a reverse mortgage, a borrower borrows
Q27: In some states, a deed of trust
Q28: California and Colorado are deed of trust
Q30: All states allow deficiency judgments.
Q31: In some states, the mortgagor has a
Q32: In all states, time for the mortgagor's
Q33: When the new buyer takes the property
Q34: Banks, who are mortgagees, never put "due
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