When a Lender Uses Your House as Collateral to Buy

question 47

Multiple Choice

When a lender uses your house as collateral to buy an annuity for you from a life insurance company, it is called:

• A)an obverse annuity mortgage.
• B)mortgage life insurance.
• C)a reverse mortgage annuity.
• D)a fixed annuity with level premium.
• E)whole life insurance.

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Definitions:

Nephron

The functional unit of the kidney, responsible for urine formation.

Renal Cortex

The outer part of the kidney where initial filtering of blood occurs.

Functional Unit

The smallest part of an organ that can perform all of the functions of that organ.

Podocytes

Specialized cells in the kidney that form part of the filtration barrier in the glomerulus, playing a crucial role in the body's ability to filter blood and produce urine.