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True or false, assuming borrower is in good standing? (answers are in same order as the statements) 1. The lender must terminate PMI if the

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True or false, assuming borrower is in good standing? (answers are in same order as the statements) 1. The lender must terminate PMI if the mortgage balance is less than 80% of the current market value of the property 2. The lender has an obligation to terminate PMI if the mortgage balance is less than 78% of the current value of the property False, False False, True True, False True, True

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