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FHA mortgage insurance: A. provides protection to both the borrower and lender against losses due to mortgage foreclosure B. provides protection to the lender against

FHA mortgage insurance:

  • A. provides protection to both the borrower and lender against losses due to mortgage foreclosure
  • B. provides protection to the lender against losses due to mortgage foreclosure
  • C. provides protection to the borrower against losses due to mortgage foreclosure
  • D. protects the lender against losses due to fraud and misrepresentation
  • Foreclosure is a process that mortgage
  • A. is exercised by a buyer of the property
  • B. is consistent in all states as required by federal law
  • C. allows the lender to recover all or some of the loan balance in a defaulted
  • D. returns the property to a borrower when the loan is paid of

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