Claude8402 Claude8402
  • 16-02-2024
  • Business
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A DEBENTURE is defined as a long-term note that is not secured by a specific property. When the lender holds the security so that if the borrower does not pay the promise made in the note they can foreclose on the property, the real estate loan is called?
1) a secondary market loan.
2) an upside down loan.
3) a subordinated loan
4) a collateralized loan.

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