It granted citizenship to all people, including African Americans.
Government owns most property, whether it be local government or federal government
<u>Answer</u>: d)80%.
<em>PMI is required for all loans that have an LTV ratio of 80%.</em>
<u>Explanation:</u>
Institutions and lenders calculate the LTV ratio and assess the risk prior to the approval of a mortgage loan. <em>LTV ratio is calculated by dividing the loan amount by the property value.</em> Higher LTV ratios indicate that there is higher risk for the lenders.
Thus a Private Mortgage Insurance has to be purchased to offset the risk of the lender. <em>The loan amount being close to the appraised value of the property means that the LTV ration is high.</em> Thus if the loan goes default the lender’s will have to face difficulty.
If foreclosure happens the lender wouldn’t be able to make enough Profit by selling out the property.<em> This is why a PMI is demanded in such cases. </em>
Answer: Monarchy , Aristocracy, oligarchy, and Tyrants I think.
Explanation:
