Funding secure - interest accrual on secondary market

alan1221 Posts: 6	Funding secure - interest accrual on secondary market Sept 23, 2017 9:59:39 GMT Quote Select Post Deselect Post Link to Post Back to Top Post by alan1221 on Sept 23, 2017 9:59:39 GMT Does interest still accrue whilst we have a loan on sale on the secondary market? I cant find anything on the FS website Thanks

SteveT
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Funding secure - interest accrual on secondary market Sept 23, 2017 10:02:21 GMT alan1221 likes this

Quote

Does interest still accrue whilst we have a loan on sale on the secondary market? I cant find anything on the FS website

Thanks

Yes. If/when the loan part sells, rights to all the accrued interest to date (for which they've paid you) transfer to the buyer.

Last Edit: Sept 23, 2017 10:03:08 GMT by SteveT

alan1221 Posts: 6	Funding secure - interest accrual on secondary market Sept 23, 2017 10:22:50 GMT Quote Select Post Deselect Post Link to Post Back to Top Post by alan1221 on Sept 23, 2017 10:22:50 GMT Thanks Steve