Commercial mortgages, farm mortgages and home mortgages are categories of
A. swapped mortgages
B. sovereign mortgages
C. secondary mortgages
D. primary mortgagees
Answer: Option D
Solution(By Examveda Team)
Commercial mortgages, farm mortgages and home mortgages are categories of primary mortgagees. A mortgagee is an entity that lends money to a borrower for the purpose of purchasing real estate. In a mortgage lending deal the lender serves as the mortgagee and the borrower is known as the mortgagor.This Question Belongs to Management >> International Finance And Treasury
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