Originally Posted by
kiwi_on_OE
I see a few at the moment. It really is pretty sloppy. But my experience from UK, is that they are not alone, but they probably are the worst.
Re a secondary market, I think some issues around that involve whether loan has been in arrears, default etc. and what info you pass on, and/or whether you allow a loan to be sold in those circumstances etc. Think about it the other way, if someone was trying to sell you a loan, what would you wonder about. If nothing, then I've got some loans in arrears to sell you.
Of course these may not be Harmoney's reasons.