Question: rom the list below, select the correct statement(s) with respect to the home loan recovery process. Select all that apply. A distress warrant allows a

rom the list below, select the correct statement(s) with respect to the home loan recovery process. Select all that apply. A distress warrant allows a lender to directly seize customer assets. A lender is able to enforce the no-asset-procedure. Customers who have missed a loan payment may receive both a letter and a phone call. Formal demand is required to establish loan default. Customers can be told that a collection may be recorded on their credit file

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