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Author Question: If a debtor defaults on a mortgage loan on a parcel of real property, the creditor, often a bank or ... (Read 28 times)

bb

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on: Aug 3, 2018
If a debtor defaults on a mortgage loan on a parcel of real property, the creditor, often a bank or mortgage company, must commence a legal proceeding against the debtor called a(n) ________.
 
  Fill in the blank(s) with correct word

Question 2

A(n) ________ is a loan to finance the purchase of real estate, payable over a period of years and at a rate of interest.
 
  Fill in the blank(s) with correct word


harveenkau8139

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Reply #1 on: Aug 3, 2018
Answer to Question 1

foreclosure

Answer to Question 2

mortgage


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bb

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Reply #2 on: Aug 3, 2018
Thanks


harveenkau8139

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Reply #3 on: Aug 3, 2018
Welcome :)


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