REU 0.00% 0.5¢ rubicon europe trust group

very odd announcement from reu, page-31

  1. 103 Posts.
    Htran you need to work through the detail here a bit more carefully. In fact when you hold one of these securitised instruments it isn't a simple loan and REU can't just call it in. Those rights are transferred to a "special servicer" with numerous limitations on their ability to call the loan, who can do it, mechanisms for remedying a default and when.
 
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