markr
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Post by markr on Jul 4, 2017 13:21:54 GMT
Not seen this for a while, no loans on the primary market and nothing at par or better on the secondary market. Where are all the autobiddies going to go?
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fasty
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Post by fasty on Jul 4, 2017 14:20:12 GMT
Perhaps they've all gone on a summer holiday.
FC has been a bit weird the last few days.
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nick
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Post by nick on Jul 4, 2017 14:43:00 GMT
Isn't it just the usual summer lull - the market dies off in July, remains dead in August and revives in September................
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blender
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Post by blender on Jul 4, 2017 16:18:45 GMT
Meanwhile, the loans keep repaying and the loan book declines for two months? That will not go down well with the backers.
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Post by GSV3MIaC on Jul 4, 2017 17:35:46 GMT
Meanwhile, the loans keep repaying and the loan book declines for two months? That will not go down well with the backers. of the loans keep repaying. Some, otoh, just keep 'not repaying', which is even less like good news. 8>.
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fasty
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Post by fasty on Jul 4, 2017 17:48:09 GMT
Meanwhile, the loans keep repaying and the loan book declines for two months? That will not go down well with the backers. of the loans keep repaying. Some, otoh, just keep 'not repaying', which is even less like good news. 8>. And, incongruously, the ones "secured" against property seem to be doing some of the most "not repaying"
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bg
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Post by bg on Jul 4, 2017 21:41:35 GMT
Meanwhile, the loans keep repaying and the loan book declines for two months? That will not go down well with the backers. In the last two months the level of live PL's has increased from £549m to £579m while the level of live WL's has increased from £729m to £811m. So the loan book has increased by 8.8% in two months. I can't imagine the backers will have too many complaints.
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blender
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Post by blender on Jul 4, 2017 21:46:19 GMT
I was rather suggesting that the idea of new borrowers taking July and August off was a bit unlikely. The position of the lever between partial and whole loans would need to be examined before conclusions could be drawn about a reduction in overall demand.
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fasty
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Post by fasty on Jul 4, 2017 21:50:49 GMT
I was rather suggesting that the idea of new borrowers taking July and August off was a bit unlikely. The position of the lever between partial and whole loans would need to be examined before conclusions could be drawn about a reduction in overall demand. It seemed to me the other day that there were quite large gaps between new loan numbers appearing on the PM. I was wondering whether the lever had been tugged over to Whole Loans position.
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bg
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Post by bg on Jul 4, 2017 21:53:04 GMT
I think we will see by the change in total loan book over the next two months. I'm sure there will be a decrease in the recent rate of expansion over summer but also that FC will shift the ratio slightly more towards the retail sector to satisfy the (more flighty) retail demand.
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arob
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Post by arob on Jul 5, 2017 11:53:59 GMT
is it that there has been an increase in people buying loans to resell for a profit?
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