Ruth Owns a Home on Which She Has Two Mortgages

Multiple Choice

Ruth owns a home on which she has two mortgages provided by Security Bank.Town Refinance Inc.tells Ruth that it can refinance the loans to reduce her payments.Town Refinance provides all of the required documents,which accurately state the payments under the new loan as higher.Ruth does not read the documents.Town Refinance is most likely liable for

A) fraud.
B) misrepresentation.
C) negative amortization.
D) nothing.