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Presumably the assets from the loan still exist? If those were somehow deposited in SVB there might be a case. But if you buy a house with a mortgage and then a
by throwaway173738 3y ago
Presumably the assets from the loan still exist? If those were somehow deposited in SVB there might be a case. But if you buy a house with a mortgage and then a bank run wipes out your lender, you still own the house and could conceivably sell it to cover the cost of the loan. Frankly if you’re sophisticated enough to bank in multiple countries I would think you’d know that.