Webthe major difference between the title theory and the lien theory. In the title theory, the borrower deeds his property to the lender. The mortgage conveys title to the borrower w Webthe process of determining the risk a lender is incurring by lending a sum of money to a certain borrower is called. Study with quizlet and memorize flashcards. Webthe major difference between the title theory and the lien theory. In the title theory, the borrower deeds his property to the lender. The mortgage conveys title to the borrower w