A builder purchased several parcels of property with a mortgage containing a release clause. Which of the following mortgages would accomplish this?

Which type of fraud is perpetrated by borrowers when they misrepresent information on loan applications, including income, employment, assets, and/or occupancy to purchase homes for which they normally would not qualify?

A. Fraud for property B. Fraud for profit C. Mortgage fraud D. Loan flipping

A conceptual scheme based on foundational statements called axioms, which are assumed to be true, is ________

A) objective evidence B) a theory C) an analytical model D) none of the above