Solved

When a Mortgagor Cannot Make the Payments for His or Her

Question 99

Multiple Choice

When a mortgagor cannot make the payments for his or her mortgage, the mortgagee will seek a .


A) garnishment order of the court for the mortgagor's wages
B) court-ordered sale of the mortgaged property
C) mechanic's lien on the mortgaged property
D) loan guarantee from the mortgagor

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions