When a person financing the purchase of a home through a mortgage fails to pay interest or

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When a person financing the purchase of a home through a mortgage fails to pay interest or principal when due, the borrower's credit score goes up. O the loan is sold to an investor and the borrower's wealth increases. A the lender loses ownership of the home. the lender takes ownership of the home, which served as collateral

Posted Date: May 18, 2024 03:13 PM

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When a person financing the purchase of a home through a mortgage fails to pay interest or

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