0 of 15 questions completed
You have already completed the quiz before. Hence you can not start it again.
Quiz is loading…
You must sign in or sign up to start the quiz.
You must first complete the following:
0 of 15 questions answered correctly
Time has elapsed
You have reached 0 of 0 point(s), (0)
Earned Point(s): 0 of 0, (0)
0 Essay(s) Pending (Possible Point(s): 0)
How long after a forcelosure sale is the redemption period still available?
What is the leagl process called by which a borrower in default under a mortgage is depreived of his or her interest in the mortgaged property?
_______ is the main purpose one would hold a public auction
Failure to make a payment after the first 30 days causes the loan to go into
How quickly do deeds of conveyence have to be recorded after closing?
What can the lender take as collateral in a home loan if the borrower defaults on payments?
A type of forclosure proceeding that is conducted entirely under the auspices of a court and is handled as a civil lawsuit
What is the redemption period after a foreclosure sale is complete?
Of the following, what is true about the right of a borrower to reclaim a property by reimbursing an investor from a foreclosure sale:
The most popular type of bankruptcy is called?
What are the two parts to a loan?
A late charge is:
______ would usually be given highest priority in distributing funds from a foreclosure sale.
A promissory note is: