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Post by petebutt43 on Oct 19, 2014 16:30:19 GMT
If you sell an extension loan, such as Epping, on the aftermarket, do you get accrued interest and when is it paid?
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pikestaff
Member of DD Central
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Post by pikestaff on Oct 19, 2014 17:05:44 GMT
Like any other loan sale, you should get accrued interest when it is paid. Not before. With the extension loans there is a higher than average risk that it's never paid!
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