8612002 Informal Interpretation
… 8612002 Informal Interpretation 8612002 Informal Interpretation … receivables exceeding $15,000,000 secured exclusively by real estate mortgages or deeds of trust. In the transaction … represent less than 5% of the sellers deeds of trust and a division or separate entity of the seller is not being …
Date
Rule
7A(c)(2)
12/4/86 Spoke with W.K. He had no problems under (c)(1) and states its probably ok under (c)(2) since the consumer loans are exclusively generated by no banks
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