1. In regards to real estate closings, which of the following does not usually participate in the closing? Group of answer choices

a. The buyer and seller

b. The buyer's and seller's immediate families

c. Real estate broker(s)

d. Settlement agent(s)

2. All of the following statements about Wraparound Loans are false except for:

Group of answer choices

a. The borrower makes payments on existing loan

b. The lender makes payments on existing loan

c. The lender only makes payments on the second mortgage

d. The borrower only makes payments on the second mortgage