Examlex
Which of the following statements concerning the empty nest syndrome is FALSE?
Subprime Loan
A type of loan offered to individuals with poor credit scores or limited credit history, typically at higher interest rates due to perceived increased risk.
Conventional Mortgage
A mortgage that involves no government backing by either insurance or guarantee.
Mortgagor
The party who borrows money and gives a mortgage to the lender or mortgagee as security for the loan.
Collateral
The property that is subject to a security interest.
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