COLBB00365 - Jewellery Grouped Asset Loan

littonowl Member of DD Central Posts: 398 Likes: 355	COLBB00365 - Jewellery Grouped Asset Loan Jan 4, 2017 12:15:29 GMT Quote Select Post Deselect Post Link to Post Back to Top Post by littonowl on Jan 4, 2017 12:15:29 GMT I'd pretty much agree with your assessment, Ian, but would appreciate Gordon's collateral Rep 's input too. My understanding is that the jewellery partners value at trade/wholesale prices rather than retail...?
	Last Edit: Jan 4, 2017 12:27:55 GMT by littonowl

Collateral Rep Representative of Collateral Posts: 1,209 Likes: 1,915	COLBB00365 - Jewellery Grouped Asset Loan Jan 4, 2017 12:42:41 GMT Quote Select Post Deselect Post Link to Post Back to Top Post by Collateral Rep on Jan 4, 2017 12:42:41 GMT Hi, The value has been underwritten by one of our trade partners in case of default as with the other jewellery loans. Many thanks, Gordon