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Which of the following is a characteristic of a mortgage loan? A. If the borrower defaults on the loan, the lender has the right to seize the collateral. B. A very risky loan since it is unsecured. C. A loan that can be collateralized by real estate, financial securities, or any other personal asset. D. If the borrower defaults on the loan, the lender has the right to seize all assets of the borrower to ensure that the loan is paid off. |