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QUESTION
Summarize the historical use of property as collateral for a loan to finance its purchse. What is the major difference between the fudicia, the
- Summarize the historical use of property as collateral for a loan to finance its purchse.
- What is the major difference between the fudicia, the pigus, and the hypotheca in Roman Law?
- Define the equitable right of redemption. What is the origin of the equitable right of redemption?
- Explain why mortgage bankers were popular in the post- Civil War era.
- What were the characteristics of mortgages in the latter half of the nineteenth century? Explain why they minimized interest rate risj of the lender.
