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CRH
mechanism |
⇐ home | ||||||
Important
remark : CRH has also the benefit of its borrowers-shareholders'
commitments to provide lines of credit and regulatory stockholders'
equity if necessary.
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| CRH | Privilege claim on the
notes in order to cover the bonds |
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| Notes issued by banks and memorialising the CRH loans |
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| Banks | Pledge of housing loans portfolio covering the notes |
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| Housing loans granted by the banks |
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| Individual home
Buyers |
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