The Difference Between the Amount Owed and What the Lender

question 123

Multiple Choice

The difference between the amount owed and what the lender collects at the short sale is referred to as the

• A)foreclosure fee.
• B)limited recourse loan.
• C)deficiency amount.
• D)upside down.

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Definitions:

Distress

A negative impact on both attitudes and performance.

Job Burnout

Job burnout is a loss of interest in or satisfaction with a job due to stressful working conditions.

Eustress

A positive form of stress that leads to challenge and physiological arousal, driving individuals toward optimal performance.

Constructive Stress

A type of stress that is beneficial and can lead to improved performance, motivation, and problem-solving.