Geneva has credible buyer for loan book ?

http://www.interest.co.nz

Kiwi Finance collapsed
Tiddler owing million to 32 investors
18th finance company to get into trouble
SST reported Geneva Finance had a credible buyer for its loan book that would have returned 90 cents in $
Geneva says no credible offer in time before its vote next Monday
Meanwhile, our mortgagee index shows
Listings up 8% in a week to 278
Up from 211 in early March
Reverse equity lender Sentinel is paring
Back its sales force
Bluestone already withdrawn