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Covenants: Uncharted territory. The drop of credit guidelines could spell future difficulty for mortgage buyers

Covenants: Uncharted territory. The drop of credit guidelines could spell future difficulty for mortgage buyers Tips • Cov-lite debts, where loan providers obtain weakened shelter, became the norm• The shift may be the result of extra demand for credit score rating expenditures • It is confusing how cov-lite loans will act if default rate augment …

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