Who benefits from being added onto the buyers fire insurance policy as a loss payee?

-The seller carrying back a junior trust deed

-The lender of the 2nd trust deed

-The lender of the 1st trust deed

-All of these

The Creative Financing Disclosure Act requires drawbacks of creating financing to be disclosed to the

-buyers lender

-sellers agent

-none of these

Who benefits from the notice of default and the notice of sale?

-A seller carrying back a junior trust deed

-A 2nd mortgage lender

-Both of these

-None of these