China Bank – Trust Group can act as an impartial intermediary or trustee between a corporate borrower or issuer of bonds/notes and the participating lending institutions. Our services include:
- Registration of the Mortgage Trust
- Issuance/cancellation/replacement of the Mortgage Participation Certificates (MPC) and computation of beneficial interest for each creditor
- Safekeeping of all pertinent documents
- Ensuring that the mortgaged properties are regularly appraised and properly insured
- And, in the event of default, to institute foreclosure proceedings, take possession of the mortgaged properties, and apply the proceeds from the sale to the payment of taxes, assessments and the lenders to the extent of their pro rata participation in the collateral pool.
For more details, please call Trust Group - Business Development and Portfolio Management Division at (632) 885-5850, 885-5859, 885-5852 to 53, 885-5878 or visit your nearest China Bank Branch