3 ms·
What would an alternative be in the case of a lender being sold? Force a balloon payment for the balance? It seems a better alternative to be able to transfer t
by hiatus 3y ago
What would an alternative be in the case of a lender being sold? Force a balloon payment for the balance? It seems a better alternative to be able to transfer the loan like any other asset.
- JohnFen 3y agoWell, that's an entirely different, and special, case that would require different rules, of course. That's not what causes loans to be transferred to others in the vast majority of cases.