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Post by Deleted on Sept 19, 2016 16:03:29 GMT
BHs?
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guff
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Post by guff on Sept 19, 2016 16:06:39 GMT
Big Hitters.
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mikeh
Member of DD Central
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Post by mikeh on Sept 19, 2016 16:12:23 GMT
I have spoken before about MT's various policies discouraging investment from BHs and it seems that if they were to reconsider, they would be able to fund larger loans like this. That may be true but the "too many eggs in one basket" problem would still be there.
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Post by Deleted on Sept 19, 2016 16:22:09 GMT
Ah, a TLA. SS has to distort its mechanism to allow small hitters and big hitters to work in the same system. I hope MT stays focused on the smaller guy, there is more money in the "long tail" and it keeps us away from Institutions and the terrible thing that happened to FC.
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Post by uncletone on Sept 19, 2016 17:52:24 GMT
British Home Stores, deceased.
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james
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Post by james on Sept 19, 2016 18:01:50 GMT
I have spoken before about MT's various policies discouraging investment from BHs and it seems that if they were to reconsider, they would be able to fund larger loans like this. Little doubt that it could have been funded. The concern was adequate diversification at the platform level. that takes other deals with different borrowers.
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pom
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Post by pom on Sept 21, 2016 8:25:54 GMT
Looks like a whole bunch of payments made to SS to fill the replacement finance that WERE sent haven't turned up.... (for anyone here that doesn't use SS they only process payments once/day)....so will be interesting to see if it does get repaid today
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arbster
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Post by arbster on Sept 21, 2016 8:36:43 GMT
Looks like a whole bunch of payments made to SS to fill the replacement finance that WERE sent haven't turned up.... (for anyone here that doesn't use SS they only process payments once/day)....so will be interesting to see if it does get repaid today How do you know that funds "haven't turned up"?
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Post by Deleted on Sept 21, 2016 8:40:08 GMT
I've had SS deposits appear after 10am before, so still time
I'd guess today is quite a busy day for them
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pom
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Post by pom on Sept 21, 2016 8:43:37 GMT
Looks like a whole bunch of payments made to SS to fill the replacement finance that WERE sent haven't turned up.... (for anyone here that doesn't use SS they only process payments once/day)....so will be interesting to see if it does get repaid today How do you know that funds "haven't turned up"? Cos a whole bunch of us who sent our cash yesterday have received "please resolve negative balance emails" which are after they process the incoming payments. And normally they will not process any more payments again until tomorrow morning.
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n
Member of DD Central
Yet another Nick
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Post by n on Sept 21, 2016 8:47:32 GMT
How do you know that funds "haven't turned up"? Cos a whole bunch of us who sent our cash yesterday have received "please resolve negative balance emails" which are after they process the incoming payments. And normally they will not process any more payments again until tomorrow morning. fwiw I sent in my payment at about 6:45 this morning and received a 'Deposit confirmation' at 8:01.
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pom
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Post by pom on Sept 21, 2016 8:47:55 GMT
I've had SS deposits appear after 10am before, so still time I'd guess today is quite a busy day for them Yeah sometimes they are late processing them as it's not automated, but they still do payments received before chasing "non-payers" after we all bitched that they were doing them the wrong way around. Maybe they'll do an extra set of payments processing today if there's a lot missing, who knows....only thing I can be sure of is that if they do I'll have to wait until tomorrow to get my excess back (as I sent money before I decided to sell a bit more)
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sand2880
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Post by sand2880 on Sept 21, 2016 10:46:15 GMT
Had my deposit email at 11:15 so would imagine SS are working through them in batches.
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pom
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Post by pom on Sept 21, 2016 11:03:19 GMT
Had my deposit email at 11:15 so would imagine SS are working through them in batches. Actually no they don't do them in batches - if you read the SS board their bank had a glitch and so they re-ran the processing once it was fixed
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treeman
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Post by treeman on Sept 21, 2016 12:29:25 GMT
Looks like it's (repayment) about to happen. The MT Cardiff loans have now gone to 'Completed' but no repayment showing in 'My Funds' yet
<EDIT> 13:29 Funds now credited - well done MT and SS
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