Posts Tagged ‘when do investors take losses on defaulted loans’

Did Some Type of Insurance or Credit Default Swap Pay Off Your Mortgage?

Did Some Type of Insurance or Credit Default Swap Pay Off Your Mortgage?

I recently saw someone online saying that as a result of multiple insurance payouts a bank could receive millions of dollars on a $200,000 loan that went into default. It's just not true. There are lot's of reasons why... (Continue reading)

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