Kate purchased a townhome and obtained financing from bank a on february 1, 2014. on april 1, 2014, she took out a home equity loan on the property with bank b. on august 1, 2015, kate refinanced her mortgage through bank c, which resulted in bank a’s loan being paid off. bank b signed a subordination agreement related to bank c’s loan. which lender currently holds the subordinate loan?

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