To purchase a house,Ethel obtains a mortgage loan from Fidelity Bank.Later,Ethel is unable to make payments on the loan.Meanwhile,the market value of the house has declined.Fidelity agrees to a sale of the property for less than the amount due on the loan.This is
A) forbearance.
B) a short sale.
C) a workout agreement.
D) none of the choices.
Correct Answer:
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