Which phrase best describes mortgage collateral? A. money used as a down payment for the loan
B. assets obtained after securing the loan
C. the purchased property that secures the loan
D. closing costs covered by the buyer

C. the purchased property that secures the loan

Step-by-step explanation:

Mortgage collateral describe the use of a property e.g house to secure a loan. This collateral is always requested when a large amount of money is involved. The house could be sold if the borrower renege (fail to meet up with) on the due date as regards the agreement after collecting the loan.

Therefore, a mortgage collateral could be referred to as the purchased property that has been used to secure a loan by a borrower.

18a

step-by-step explanation:

simply because it is. it's the highest common factor

7

step-by-step explanation:

i'm assuming you need to figure out how many campers go into each tent.

i got the answer by:

24+4=28

28/4=7