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.
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?

Written by Ishan @ Cibola
Updated over a year ago