Underwater means:
A) A mortgagor owes less on his mortgage than the value of his home.
B) A mortgagor is unemployed and unable to meet mortgage payments.
C) A mortgagee has lost the value of its investment in a property because the mortgagor stripped the property.
D) A mortgagor owes more on this mortgage than the value of his home.
Correct Answer:
Verified
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