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Author Question: As a result of the financial crisis of 2008-2009, some financial institutions accepted a(n) ________ ... (Read 197 times)

Cooldude101

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As a result of the financial crisis of 2008-2009, some financial institutions accepted a(n) ________ arrangements in which the lender accepted the proceeds of the sale of a home as full payment on the debt owed even though the proceeds were less than the debt owed.


◦ mortgage modification
◦ foreclosure
◦ refinancing
◦ short-sale


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Marked as best answer by Cooldude101 on Apr 14, 2019

mistyjohnson

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