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1.Under what conditions are multiple securities offered as collateral? 2.Explain what second mortgages are and the conditions under which they are offered. 3.What are subdivisions
1.Under what conditions are multiple securities offered as collateral?
2.Explain what second mortgages are and the conditions under which they are offered.
3.What are subdivisions of title?
4.When can a partial discharge of mortgage be carried out where multiple securities are held by the lender? Give an example of why this would be done.
5.What is Lender's Mortgage Insurance and what advantages does it have for the borrower?
(use australian refences or anz bank if needed for all questions please)
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