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lending institution |
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THE WORLD BANK, a multilateral lending institution, approved a US$300 million loan for Mexico to finance various economic-growth programs. In order to establish a securities-based loan, your portfolio is pledged to a lending institution as collateral. The appraiser, who is licensed by the state under regulations set by the federal government, assesses the fair market value of the property and is often dispatched by the mortgage lending institution, which will structure the loan based on the evaluation. |
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