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Who is considered the mortgagee in a mortgage?

  1. Borrower

  2. Lender

  3. Loan

  4. Property

The correct answer is: Lender

Correct! The mortgagee in a mortgage is the lender. This is because the mortgagee is the party that is lending money to the borrower, who is also known as the mortgagor. Option A, the borrower, is incorrect because they are the party receiving the loan, not the one giving it. Option C, loan, is incorrect because that is the agreement between the borrower and lender, not a party involved in the mortgage. Option D, property, is incorrect because while the property is the collateral for the loan, it is not a party involved in the mortgage agreement.