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Consider a typical loan with Private Mortgage Insurance (PMI): A) The lender pays the PMI premiums because it provides them with protection. B) The lender

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Consider a typical loan with Private Mortgage Insurance (PMI): A) The lender pays the PMI premiums because it provides them with protection. B) The lender is guaranteed to never lose money on the mortgage or property. C) The lender is protected for the loan amount that is above 80% of the value of the property. D) All borrowers must buy this type of insurance on their mortgage. E) The loan must be a 30-year conventional conforming mortgage

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