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Describe a loan modification and the possible terms that could be offered to a borrower.CorrectIncorrect
Do the math on this one (looking for equity number here)
80k balance on loan, 100k market value = _________ equityCorrectIncorrect
- What is the name of the legislation passed in 2020 as a result of Covid 19 that directly effected homeowners with federally backed loans?
Which of these will cost upfront fees for a borrower?CorrectIncorrect