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Reply: 1.2.1.2 From: Michael G Hi, Caveates dont prevent wrappers from not paying mortgages, they only prevent from from selling wrapped property from out under the wrappees notice. If loan is not paid, the mortgage goes into default regardless of whether a caveat exists or not. The answer...

Reply: 2 From: Michael G Hi, Work out a way that prevents them from directly managing the funds in some way, ie jointly agree for the funds to be managed by an account manager who then pays the mortgages and pays the profits to the wrapper. That way the only way the loan can default is if...