_________________ Is a Special Variation on a Second Mortgage

question 219

Multiple Choice

_________________ is a special variation on a second mortgage. In this form, the new lender assumes the original or first mortgage and has the responsibility of collecting all payments and remitting a portion of these payments to the first lender.

• A) Conventional Residential Loan
• B) FHA loan
• C) Wrap-around loan
• D) VA loan

---

Definitions:

Passive Diffusion

The process by which molecules move from an area of higher concentration to an area of lower concentration without the input of energy.

Vascular Cylinder

The central part of a plant root, containing the xylem, phloem, and other tissues that transport water and nutrients.

Root Hairs

Thin, hair-like extensions from the root of a plant that increase the surface area for water and nutrient absorption.

Endodermis

The innermost layer of cells in the cortex of plants, regulating the transfer of water and nutrients from the soil.