Difference between revisions of "Secondary NPL Market"
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'''Secondary NPL Market''' is a [[Secondary Market]] for [[Non-Performing Loan | non-performing loans]] and other [[Credit Agreement | credit agreements]] that are not being fulfilled as has been contractually stipulated. | '''Secondary NPL Market''' is a [[Secondary Market]] for [[Non-Performing Loan | non-performing loans]] and other [[Credit Agreement | credit agreements]] that are not being fulfilled as has been contractually stipulated. | ||
| + | == Function == | ||
| + | In a secondary NPL market third parties (the first and second parties being the original borrower and lender) are able to buy non-performing obligations. | ||
| + | |||
| + | == Market Participants == | ||
| + | |||
| + | === Credit Sellers === | ||
| + | |||
| + | === Credit Purchasers === | ||
| + | * Investment Funds | ||
| + | |||
| + | == Issues and Challenges == | ||
| + | * Ensuring borrowers are not worse off following the transfer of their [[Credit Agreement]] | ||
== See Also == | == See Also == | ||
Revision as of 12:12, 9 June 2021
Contents
Definition
Secondary NPL Market is a Secondary Market for non-performing loans and other credit agreements that are not being fulfilled as has been contractually stipulated.
Function
In a secondary NPL market third parties (the first and second parties being the original borrower and lender) are able to buy non-performing obligations.
Market Participants
Credit Sellers
Credit Purchasers
- Investment Funds
Issues and Challenges
- Ensuring borrowers are not worse off following the transfer of their Credit Agreement
