Loan Participation Interest

Loan Participation Interest - Participations refer to the fractional interests in a loan or pool of loans sold by the original lender to other investors in the secondary market. These investors, known as participants, acquire the rights to receive payments and share in the risks associated with the underlying loans.

Class Information

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Identification

IRI: https://folio.openlegalstandard.org/RBNJRrn32LiG4q8cOTsB72C
Label (rdfs): Loan Participation Interest
Preferred Label: None
Alternative Labels: Loan Fractions, Loan Participations, Participations
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Definition and Examples

Definition: Participations refer to the fractional interests in a loan or pool of loans sold by the original lender to other investors in the secondary market. These investors, known as participants, acquire the rights to receive payments and share in the risks associated with the underlying loans.
Examples: An investor purchases a participation in a mortgage loan, receiving a proportional share of the interest and principal payments.

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Class Relationships

Sub Class Of: Debt Instrument Attributes
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Additional Information

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Deprecated: False

Metadata

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