Question: Which type of default can jeopardize the lender's lien priority position? A) Nonpayment of casualty insurance premiums B) Nonpayment of property taxes C) Second mortgage
Which type of default can jeopardize the lender's lien priority position?
A)
Nonpayment of casualty insurance premiums
B)
Nonpayment of property taxes
C)
Second mortgage that provides money for cash flow inadequacies
D)
Nonpayment of principal and interest
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