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A Provision in a Mortgage That Requires a Borrower to Pay

question 20

True/False

A provision in a mortgage that requires a borrower to pay to the lender 1/12th of the taxes and
1/12 of the insurance premium with each mortgage payment is known as an escrow provision.


Definitions:

Helping Behavior

Actions intended to provide assistance or benefits to another individual or group without anticipation of personal gain.

Phobic Behavior

An excessive and irrational fear response, usually triggered by a specific object or situation.

Response Prevention

Also known as flooding, a behavior therapy in which a phobia is eliminated by forced exposure to the feared stimulus without an aversive consequence.

Headbanging

Repetitive and deliberate striking of one's head against an object or surface, which can be a sign of distress, developmental disorders, or a form of self-injury.

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