On foreclosure, which of the following loans is subject to the reporting requirements for foreclosed and abandoned property?
A) A loan made to purchase a family car, secured by the car
B) An unsecured loan made to purchase a computer used in the borrower's business
C) A loan made to purchase a residence, secured by the residence
D) A loan made to purchase a home computer, secured by the computer
Correct Answer:
Verified
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