Escrow & Title
A title insurance policy that protects the lender's interest is called a:
AOwner's policy
BLender's (mortgagee's) policy✓ Correct
CStandard coverage policy
DHomebuyer's warranty policy
Explanation
A lender's (mortgagee's) title insurance policy protects the lender against losses from title defects up to the loan amount. It does not protect the buyer's equity.
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