The listed mortgage owner RHG risks being in default on $2.5 billion in financing for its mortgages - or about a third of its business - after it lost a NSW Supreme Court case last week.
The danger was revealed for the first time yesterday after the German bank HVB successfully argued in court that RHG [...]
Posts Tagged ‘mortgage owner’
Mortgage owner at risk of default
December 21st, 2009 by Mortgage Writer
Tags: financiall crisis, home loans, mortgage, mortgage owner
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