Readers Question from Richard Sage: What happens to offset mortgages if a lender goes bankrupt?i.e. Can one net, or does one have to pay the full loan and get one’s percentage as a creditor for the deposits?In commerical trading contracts (E.g. ISDA masters) the point is usually specifically addressed.Everybody thought I was daft raising the [...]
Read More...
[Source: Mortgage Blog]
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment