Can I pledge mortgage loans that are held in an Investment Subsidiary or a REIT to the HLB?
• • Normally, collateral transferred to a subsidiary or affiliate is no longer eligible to be pledged by the member. However, this can be easily remedied by executing a Subsidiary/Affiliate Collateral Pledge and Security Agreement and by providing information about the third party for legal review, along with your board of directors´ or shareholders´ resolutions approving the transaction.
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- Can I pledge mortgage loans that are held in an Investment Subsidiary or a REIT to the HLB?
