A "FICO" score is normally used for which of the following:

A: Calculating depreciation on commercial property;
B: Establishing underwriting standards for private mortgage insurance;
C: Determining which loans qualify for GNMA special assistance;
D: Reporting the credit history for a prospective borrower.

Answer: D: Reporting the credit history for a prospective borrower.

Business

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A) Life estate B) Fee simple absolute C) Servient estate D) Fee simple defeasible

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Differentiate between voluntary and involuntary services with examples

What will be an ideal response?

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