Mortgage Lenders Require That Homeowners Purchase Home Insurance

question 25

True/False

Mortgage lenders require that homeowners purchase home insurance.

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Definitions:

SWOT Analysis

A method of determining internal strengths and weaknesses and external opportunities and threats.

Strengths and Weaknesses

An assessment of the positive attributes and areas for improvement within an organization, project, or process, often used in strategic planning.

Maquiladoras

Mexican factories located along the U.S.–Mexico border that receive preferential tariff treatment.

Tariffs

Taxes imposed by a government on imports or exports of goods.