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. In the event of the bankruptcy of a mortgagor, an improperly or unrecorded mortgage will ______. a. still have preference over mortgages recorded later

. In the event of the bankruptcy of a mortgagor, an improperly or unrecorded mortgage will ______.

a. still have preference over mortgages recorded later

b. be uncollectible

c. be considered an unsecured debt

d. likely cause a claim to be filed against the previous owner

e. none of the above

4. In the event of the bankruptcy of a mortgagee, an improperly or unrecorded mortgage will _________

a. still have preference over mortgages recorded later

b. be uncollectible

c. be considered an unsecured debt

d. likely cause a claim to be filed against the FDIC

e. none of the above

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