Loan sale
(Redirected from Secondary loan participation)
 | This article includes a list of references, related reading, or external links, but its sources remain unclear because it lacks inline citations. (February 2021) |
A loan sale is a sale, often by a bank, under contract of all or part of the cash stream from a specific loan, thereby removing the loan from the bank's balance sheet.
Often subprime loans from failed banks in the United States are sold by the Federal Deposit Insurance Corporation (FDIC) in an online auction format through companies. Performing loans are also sold between financial institutions.
See also
[edit]External links
[edit] | This finance-related article is a stub. You can help Wikipedia by expanding it. |