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What Role Did Piggyback Lending Play in the Housing Bubble and Mortgage Collapse? Contact Author: Michael LaCourLittle College of Business and Economics California State University at Fullerton, CA
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Piggybacking allows one company to utilize another company's resources or infrastructure to provide a service.
Companies looking to expand their services or reach more customers may choose to piggyback on another company's established resources.
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Companies must disclose the terms of their piggybacking agreements, including the duration of the partnership and any fees involved.
The deadline to file for piggybacking agreements in 2023 is typically determined by the parties involved in the partnership.
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