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A comment on FDIC Auction for SVB Said to Be Underway, Final Bids Due Sunday. Parent comment

Re:FDIC Auction for SVB Said to Be Underway, Final Bids Due ... by jesperhh on Sunday March 12, 2023 @09:15PM (#35129304)
In Denmark this is possible and common. Danish mortgages can always be bought back at 100% value (if the rate drops), and for example a 2% mortgage from a few years ago can be bought back around 85% value.
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Re:FDIC Auction for SVB Said to Be Underway, Final Bids Due ... by daydream on Sunday March 12, 2023 @10:08PM (#35129888)
This is really interesting. Nothing like it exists in the US as far as I know.

I am ignorant of current and previous Danish mortgage interest rates. Assuming a 2% mortgage from a few years back, and current interest rates at say 6%, I would expect to buy back at less than 85% value.

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