Once the property is transferred to the lender, it can be sold to repay the remaining principal on the loan.
Each scene has its own logic, contributing to the overall whole.
Collateralized Personal Loans Another type of borrowing is the collateralized personal loan, in which the borrower offers an item of value as security for a loan.
Fanning arrives at the hospital morgue to see the bodies of criminal lawyer Sylvester Clark, Vincent's second target, and two dead robbers, and realizes that this is the work of a hitman.
Home Equity Loans A home may also function as collateral on a second mortgage or.
Before the trio of Mann, Cruise and Foxx joined the film, , and were each considered as director, and and were in talks to star as Vincent and Max, respectively.