Question: QUESTION 5 A borrower with two mortgages defaults. At the time of the default the first lien has a balance of $200,000, the second lien

QUESTION 5 A borrower with two mortgages defaults. At the time of the default the first lien has a balance of $200,000, the second lien has a balance of $50,000. The borrower owes $10,000 in property taxes. The house sells for $150,000 in a foreclosure auction, How much of a deficiency will the first lien lender have in dollars, not %, without a dollar sign, as always)? 1 points Save Answer QUESTION 6 You deposit $5,000 once at an interest rate of -2.40% compounded monthly. How much will you have in 30 years

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