
Get Ca 438bfu 1942-2025
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Lender's loss payable and mortgagee are related but not identical terms. The lender's loss payable clause essentially indicates who receives payment in the event of an insured loss, while the mortgagee refers to the entity that holds the mortgage. Understanding these terms in the context of the CA 438BFU is essential for both borrowers and lenders to ensure they meet their financial obligations.
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