A Deficiency Judgment Protects a Mortgagor from Being Personally Sued

question 47

True/False

A deficiency judgment protects a mortgagor from being personally sued in case there is a foreclosure sale deficiency.

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Definitions:

Simple Linear Regression

A statistical technique that fits a linear equation to observed data to model the connection between a dependent variable and a single independent variable.

t-test Statistic

A test statistic used to determine if there is a significant difference between the means of two groups.

F-test Statistic

A value derived from an F-test which is used to compare statistical models in terms of variance explained by the models, to determine if the models are significantly different from each other.

ANOVA Table

A table used to summarize the sources of variability in the data being analyzed in an Analysis of Variance (ANOVA) test.