ChatterBank1 min ago
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Can anyone help please, who were the underwriters (insurers) for HFS loans, ( Now Capital one) back in 1996.
Thanks.
Thanks.
Answers
My understandin g is that HFS may have acted as brokers who sourced loans and arranged these through a network of providers of funds. This appears to have been confirmed in 2004 When GE Capital made a bid for the business:- http://www.b usinesswire. com/news/hom e/2004110300 5318/en/Capi tal-Acquire- HFS-Group-Le ading-Home-E quity If that is so, it is...
17:38 Wed 03rd May 2017
My understanding is that HFS may have acted as brokers who sourced loans and arranged these through a network of providers of funds. This appears to have been confirmed in 2004 When GE Capital made a bid for the business:-
http:// www.bus inesswi re.com/ news/ho me/2004 1103005 318/en/ Capital -Acquir e-HFS-G roup-Le ading-H ome-Equ ity
If that is so, it is possible that the actual lender of the money in each case would have underwritten it rather than HSF per se. Hope this is helpful,
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If that is so, it is possible that the actual lender of the money in each case would have underwritten it rather than HSF per se. Hope this is helpful,