Question: Question 1 & Explain Answer Please In what type of title insurance does the coverage amount decrease as the mortgage balance decreases? A - an

Question 1 & Explain Answer Please

In what type of title insurance does the coverage amount decrease as the mortgage balance decreases?

A - an owner's policy B - a leasehold policy C - a foreclosure policy D - a lender's or loan policy

Question 2

The effect of loan discount points on the yield is to

A - increase the yield to the lender. B - decrease the yield to the lender. C - increase the yield to the seller. D - decrease the yield to the seller.

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