Fewer families lose their houses because of major disasters such as fire or flood than because of a wage earner’s illness that results in death or disability. Yet, whereas most mortgage companies require borrowers to carry insurance to protect against major disasters, they do not require insurance to protect against the death or disability of a wage earner.
can you please tell the meaning of fewer ..than in the above ?
who are borrowers here ?
2007-12-30 02:55:59 · 4 answers · asked by sanko 1 in Society & Culture ➔ Languages
Borrowers are those who mortgage their properties.
mortgage - A legal agreement that creates an interest in real estate between a borrower and a lender. Commonly used to purchase homes, mortgages specify the terms by which the purchaser borrows from the lender (usually a bank or a savings and loan association), using his or her title to the house as security for the unpaid balance of the loan.
It means that the number 1 causes for people losing their houses are death or disability and not major disasters.
The contradiction here is that in spite of not being the first cause for losing their properties borrowers are still asked for insurance against major disasters.
If you were to think in a logical way, the insurance to be required would be against death or disability.
And by the way, 'Languages' is the correct section where to place this kind of questions.
2007-12-30 04:59:54 · answer #1 · answered by Profuy 7 · 2⤊ 0⤋
More people "lose" their houses because they stop being able to make payments on them (so the bank takes them back) than really do lose them, in the sense that the houses are destroyed.
The borrowers are the families, who borrow money from the mortgage company to buy a house. A mortgage is a loan used to buy a house.
The answer is that the mortgage company will take back the house if the family can't pay for it, but there's nothing to take if the house is destroyed.
2007-12-30 04:13:34 · answer #2 · answered by Goddess of Grammar 7 · 1⤊ 1⤋
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2016-10-20 09:54:24 · answer #3 · answered by ? 4 · 0⤊ 0⤋
what has this got to do with " # Languages " catagory
2007-12-30 03:04:25 · answer #4 · answered by Jan Luv 7 · 1⤊ 1⤋