Question 7 0.5 In making a decision of whether to issue a loan to a consumer, an unsecured creditor may consider a number of factors. Which of these is/are factor(s) that a creditor would normally consider? CHOOSE ALL THAT APPLY the consumer's credit history the consumer's income the consumer's voting records the consumer's other assets Question 8 0.5 Question 9 Some states' laws provide for the use of a deed of trust and note in place of a mortgage. True False Question 10 Astatute requires a mortgage or deed of trust to be recorded in the county recor the county in which the real property is located. recording real property Oo oo mortgage compilation Question 11 A llo w MacBook Air Question 11 0.5 pts Some states permit a mortgagee (lender) to bring a separate legal action to recover a deficiency from a mortgagor (borrower). If the lender is successful, the court will award a that entitles the lender to recover the amount of the judgment form the borrower's other property. foreclosure statement mechanics lien deficiency judgment Question 14 A satisfaction of a mortgage is also called a(n) accommodation O reconveyance O consignment foreclosure Question 17 0 If the mortgagee's or lienholder's foreclosure action in court is successful, the court will issue a judgment that orders that the mortgage or lien be renegotiated the debtor to arrange new financing that the underlying debt be forgiven the real property to be sold at a judicial sale Question 18 0.1 Any surplus funds following a judicial sale must be O paid to the mortgagor or owner O split between the mortgagor and the mortgagee paid to the court O impounded by the state treasurer's office x 0 Chapter 13 Homework - Muli X Quiz: Chapter 13 Homework X Paraphrasing Tool Quillot Du coursos/49045/quizz05/246 273/oko Question 21 Tangible personal property includes securities, patents, trademarks, and copyrights. True O False Question 22 Which of the following must be in writing under the Statute of Frauds? On enterprise that deals in health and medicine a business that has more than one commercial venture O a business that is authorized to lend money an enterprise that deals in health and medicine