Question
What is an insurance purchased by a bank or creditor on
an uninsured debtor’s behalf so if the property is damaged, funding is available to repair it?Solution
Lien holders will put forced place insurance onto a mortgaged property in cases where the borrower allows the coverage they were required to purchase to lapse. Lapses may be due to non-payment of premium, filing false claims, or other reasons. Forced place insurance will protect the property, the homeowner, and the lien holder. Future mortgage payments will reflect the added cost of the insurance. Forced place insurance is also known as creditor-placed, lender-placed, or collateral protection insurance.
Read the directions carefully and answer the following question.
If in the number ‘ 9887532691 ’, the even digits are shifted to the next d...
The downstream speed of a boat is 6 km/hr more than its upstream speed and the ratio of the speed of the boat in still water to the speed of the stream ...
Three of the following four numbers are alike in a certain way and one is different. Pick the number that is different from the rest .
Select the option in which the numbers are related in the same way as are the numbers of the following set.
(18, 6, 36)
Select the letter from among the given options that can replace the question mark (?) in the following series.
P, N, J, H, ?
- This question is based on the five, three-digit numbers given below.
(Left) 847 538 628 482 497 (Right)
(Example- 847 – First digit = 8, ... If 2 is added to all the odd place digits and 1 is subtracted from all even place digits (from the left end) in ‘634715247’ and then all the digits ...
How many 6s are there in the following number series which are preceded by 4 and followed by 8.
2 4 6 8 4 2 8 6 4 8 7 3 8 6 4 2 4 6 8 7 4 6 9 4
Select the option that is related to the third number in the same way as the second number is related to the first number and the sixth number is relate...
Select the option that is related to the third number in the same way as the second number is related to the first number and the sixth number is relate...
