serotoninsid
Registered User
- Messages
- 1,754
I can't understand why the banks are not doing this.There maybe other options such as reducing your balance if you come off your tracker and onto a variable.
The bank would recognise the loss of €85,000 up front. This is just an accounting entry.
Brendan
Hi Brendan,
Edited...
The piece highlighed...is it just an accounting entry though? Would the bank need to be further capitailised for each mortgage it treats in this way as the bank's assets (mortgages lent out) have been reduced?
Firefly.
Hi Brendan,
Edited...
The piece highlighed...is it just an accounting entry though? Would the bank need to be further capitailised for each mortgage it treats in this way as the bank's assets (mortgages lent out) have been reduced?
Firefly.
At the end of the day SOMETHING has to be done and the easier the plan, the better for everyone.
At the end of the day SOMETHING has to be done and the easier the plan, the better for everyone.
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