4 ms·
They could try, but who would pay for it at a worthwhile price? The bank already defaulted. The loan has value and can be sold because the borrower is still sol
by _armchair 3y ago
They could try, but who would pay for it at a worthwhile price? The bank already defaulted. The loan has value and can be sold because the borrower is still solvent.
- greiskul 3y agoMSTR bought out it's own Silvergate loan when it collapsed. So depending on the the loan, you might be able to buy it so you can pay it off at a discount.