_______________, triggers the reporting of the profit which was allocated to
principal in an amount equal to the amount borrowed.
value (FMV) of a residence:
_______________ occurs when a seller accepts payment from a buyer in an amount which will not cover the interest accruing each month.
called _______________, or his propensity to commit a crime.
bankruptcy petition, called a(n):
A(n) _______________ converts recourse paper into nonrecourse paper by
eliminating personal liability for a deficiency in property value.
deed, and reimbursing the lender’s costs of foreclosure, prior to completion of
the trustee’s sale.
At least _______________ the date selected by a trustee to hold a
trustee’s sale, the trustee must send two copies of the notice of trustee’s sale
(NOTS) to each party the trustee previously sent a notice of default (NOD).