|
|
Post by GSV3MIaC on Jul 26, 2018 16:42:38 GMT
Why not just buy whatever you want (£300 maybe) in any one of the tranches, and ignore the others? There is no obligation to keep putting good money after bad. The best tranche to invest in is the last one, probably, if you can ever guess which that is (or maybe 'last' as in 'the one just offered'). Just don't expect to be able to sell any, in most cases..
|
|
empirica
Member of DD Central
Posts: 326
Likes: 235
|
Post by empirica on Jul 26, 2018 20:44:05 GMT
Why not just buy whatever you want (£300 maybe) in any one of the tranches, and ignore the others? There is no obligation to keep putting good money after bad. The best tranche to invest in is the last one, probably, if you can ever guess which that is (or maybe 'last' as in 'the one just offered'). Just don't expect to be able to sell any, in most cases.. Some won't have even £100 to put on one loan, let alone one tranche. (With all the talk of Big Hitters, it's easy to forget how small some small hitters are.)
|
|
xpubman1
Member of DD Central
Posts: 62 
Likes: 40
|
Post by xpubman1 on Jul 26, 2018 21:55:49 GMT
It fascinates me that you would post here, when by your own admission you have nothing invested.
|
|
empirica
Member of DD Central
Posts: 326
Likes: 235
|
Post by empirica on Jul 26, 2018 23:45:52 GMT
It fascinates me that you would post here, when by your own admission you have nothing invested. "Little things ... "
|
|
rocky1
Member of DD Central
Posts: 1,139
Likes: 1,963
|
Post by rocky1 on Jul 27, 2018 4:20:54 GMT
It fascinates me that you would post here, when by your own admission you have nothing invested. Some times it takes some body out side of all this mess to contribute their opinions.as freedom of speech is a great thing and not every body has the faith that you seem to have that lendy are doing right.in hindsight I wish I had known about this forum well before I gambled a high five figuresort of believing lendys marketing rubbish about borrowers having to pass a 5 stage DD process and secured loans of no more than 70 percent LTVs/GDVs.
|
|
|
|
Post by loftankerman on Jul 27, 2018 8:36:52 GMT
It fascinates me that you would post here, when by your own admission you have nothing invested. Some times it takes some body out side of all this mess to contribute their opinions.as freedom of speech is a great thing and not every body has the faith that you seem to have that lendy are doing right.in hindsight I wish I had known about this forum well before I gambled a high five figuresort of believing lendys marketing rubbish about borrowers having to pass a 5 stage DD process and secured loans of no more than 70 percent LTVs/GDVs. Yup! Sometimes the most useful view you can get of a problem is from someone who can understand it, but is wholly uninvolved in it. Someone who 'shares your pain', is unlikely to do more than entrench your opinions further.
|
|
rocky1
Member of DD Central
Posts: 1,139
Likes: 1,963
|
Post by rocky1 on Aug 1, 2018 5:37:28 GMT
5 more juicy pipeline loans going live today. hopefully everybody will put their interest payments straight back into the cauldron and help to keep this farce going.
|
|
tx
Member of DD Central
Posts: 300
Likes: 127
|
Post by tx on Aug 2, 2018 2:18:47 GMT
But none is new, by new I mean new borrower and new securitised assets! Concentration ratio is getting higher and higher, where did the old portfolio theory of don’t-put-all-eggs-in-1-basket gone?
|
|
rocky1
Member of DD Central
Posts: 1,139
Likes: 1,963
|
Post by rocky1 on Aug 2, 2018 12:43:32 GMT
it seems a lot of these further tranches are just to fund extensions as the borrowers have not been able to refinance. lendy get extension fees and whatever. lenders get 1% of their own money for a while.so it is costing the borrowers nothing really as when it finally happens out will come the offers.with no interest/no IA and the development is not worth what we loaned on so take a loss on capital as well in a couple of years after all the usual messing about.can really see where this lot is all going. lendy have been throwing out tranche after tranche of the same loans for months now.making the loans look small and the LTVs look good.usually just before the interest run they bombard the pipeline hoping maybe all new lenders will put further funds into the same loans that they are already in.it seems it did not work this time going by the amounts still available from the last few loans.
|
|
|
|
Post by p2plender on Aug 2, 2018 13:13:29 GMT
When was the last time anyone from Lendy was on here?
A good proportion of their Lenders are on here or certainly reading what is written here.
Why are they so obsessed with TP yet oblivious to the harm they are doing by not addressing and cooperating with their investors on this forum?
Anyone thinking of investing with Lendy and reading TP would probably have a look into this forum and (imo) would, perhaps should be put off. Just seems to make business sense for Lendy to start talking to their lenders on here and quickly.
|
|
tx
Member of DD Central
Posts: 300
Likes: 127
|
Post by tx on Aug 2, 2018 16:43:40 GMT
Oh dear, another two trenches ... when is this gonna end and when will I see the day of new loans?!
|
|
|
|
Post by p2plender on Aug 3, 2018 0:03:02 GMT
You serious?
I'd have thought even Lendy aren't dumb enough to dare a new loan when they can't even fill DFL tranches - death knell if ever I've seen one.
|
|
|
|
Post by supernumerary on Aug 3, 2018 7:51:25 GMT
You serious? I'd have thought even Lendy aren't dumb enough to dare a new loan when they can't even fill DFL tranches - death knell if ever I've seen one. RE: "You serious?" Do you remember that tennis player who used to shout 'similar' words? John McEnroe You Cannot Be Serious www.youtube.com/watch?v=_8lWS_iOhfMJohn McEnroe Is Disqualified | Australian Open 1990 www.youtube.com/watch?v=-_2rjocv-JoDFL037 went live on the 31st July 2018 - The loan was fully subscribed.  THE 'death knell' prophesy that you are predicting, will have to be put on hold for at least another month... 
|
|
rocky1
Member of DD Central
Posts: 1,139
Likes: 1,963
|
Post by rocky1 on Aug 6, 2018 14:32:13 GMT
more tranches coming tomorrow.the borrower on a couple of these needs to sort out dfl13 before even more money is given to him.the GDVs on the car park and other have gone up by millions. very small loans with very low ltv.lendy really are clawing now for investors funds.
|
|
rocky1
Member of DD Central
Posts: 1,139
Likes: 1,963
|
Post by rocky1 on Aug 22, 2018 18:04:19 GMT
a few more tranches of the same loans that the previous tranches barely half filled.extensions and BS everywhere the big loan book really is struggling now.you want more fees and borrowers more time, paid for by lenders who will get 1% of their own money back until such time as the next extension.c,mon lendy this is not bloody funny any more.20000 registered and not even 200 lending in any of your latest offerings.i really am starting to believe that BS baffles brains.
|
|
