can someone help me wit these questions, answer if its true or false

1)Websites like Zillow are likely to reduce the liquidity of the residential real estate market by making the market more transparent to buyers and sellers.

2)You have a choice between making an equity investment in Commercial Property X or lending money to a developer that will be secured by property X. The loan is a riskier investment because the developer may default.

3)When people mortgage their property to secure a loan from the bank the bank has recourse to the property in the event that the borrower defaults on his loan.

can someone explain why number 3 is true or false with explanation, thanks appreciate it