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Under Title Theory, title and the right to possession pass from the mortgagor to the mortgagee when the mortgage is executed. a. True b. False

  1. Under Title Theory, title and the right to possession pass from the mortgagor to the mortgagee when the mortgage is executed.

    a. True b. False

  2. Borrowers with fixed rate mortgages generally benefit more than holders of adjustable rate mortgages if inflation is higher than expected. a. True b. False

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