When can banks call in their loans? Could banks that receive bailout money call in their mortgage loans because they "were going under?" Not for borrowers who are current on their payments, but banks can sell their loans to other investors.
Cincinnati.Com - All Business News, Cincinnati Enquirer: Business
Fri, 09/25/2009 - 3:22am
When can banks call in their loans? Could banks that receive bailout money call in their mortgage loans because they "were going under?" Not for borrowers who are current on their payments, but banks can sell their loans to other investors.