The plot thickens
Lenders are generally happy to tolerate LTV breaches as long as interest payments are being serviced. But refinancing negotiations are turning out to be far from uniform or straightforward. Lynn Strongin Dodds reports
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IPE covers a good variety of very current and relevant topics. It is good to read the high-level, independent and objective perspectives from pension funds in other European countries; many of them are dealing with the same issues as we are, so it is interesting to learn from their experiences, especially when they are ahead of where we are on the curve.
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