Skip to main content

How is the money paid back if an originator defaults?

What happens if an originator defaults? How are funds paid back in the case of a default?

Ishan @ Cibola avatar
Written by Ishan @ Cibola
Updated over a year ago

The funds are first paid back to the senior pool, followed by the junior pool. To date, Sivo has incurred 0 monetary losses from originators due to the required collateral posting and ongoing programmatic risk assessment.

Did this answer your question?