Finance
In a mortgage, who is the mortgagor?
AThe lender who provides the funds
BThe borrower who pledges the property as security✓ Correct
CThe title insurance company
DThe escrow agent
Explanation
The mortgagor is the borrower who pledges real property as collateral to secure a loan. The mortgagee is the lender. A helpful memory device: the mortgagOR gives the mortgage (as security), the mortgagEE receives it.
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