rscal
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Post by rscal on Nov 10, 2018 12:56:52 GMT
Questions:
1) Does any trading in loans take place at the weekend?
2) Are loan-parts purchased 'cum dividend' (i.e. does the buyer pay additionally for the accrued interest due to the seller and go on to recieve payment for the full period due from the borrower via AC)?
Thnx in advance
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ilmoro
Member of DD Central
'Wondering which of the bu***rs to blame, and watching for pigs on the wing.' - Pink Floyd
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Post by ilmoro on Nov 10, 2018 12:59:47 GMT
Questions:
1) Does any trading in loans take place at the weekend?
2) Are loan-parts purchased 'cum dividend' (i.e. does the buyer pay additionally for the accrued interest due to the seller and go on to recieve payment for the full period due from the borrower via AC)?
Thnx in advance
1) Yes, system cycles though repeatedly, roughly every 8 hrs I think now chris has given it a bit of tune up.
2)No, the buyer purchases the capital only, interest is paid to seller & buyer pro rata on the payment date.
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Post by Ton ⓉⓞⓃ on Nov 10, 2018 13:32:34 GMT
Questions:
1) Does any trading in loans take place at the weekend?
2) Are loan-parts purchased 'cum dividend' (i.e. does the buyer pay additionally for the accrued interest due to the seller and go on to recieve payment for the full period due from the borrower via AC)?
Thnx in advance
1) Yes, system cycles though repeatedly, roughly every 8 hrs I think now chris has given it a bit of tune up.
2)No, the buyer purchases the capital only, interest is paid to seller & buyer pro rata on the payment date.
Thought trading at the weekend seems minimal for the ones i'm interested in, sometimes there's no movement at all, I wonder if they switch off trading in case it falls over and there's no one about with a zimmerframe to get it up again.
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Post by chris on Nov 10, 2018 14:28:53 GMT
1) Yes, system cycles though repeatedly, roughly every 8 hrs I think now chris has given it a bit of tune up.
2)No, the buyer purchases the capital only, interest is paid to seller & buyer pro rata on the payment date.
Thought trading at the weekend seems minimal for the ones i'm interested in, sometimes there's no movement at all, I wonder if they switch off trading in case it falls over and there's no one about with a zimmerframe to get it up again.
Marketplace is switched on and running smoothly.
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dave2
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Post by dave2 on Nov 10, 2018 15:21:11 GMT
Thought trading at the weekend seems minimal for the ones i'm interested in, sometimes there's no movement at all, I wonder if they switch off trading in case it falls over and there's no one about with a zimmerframe to get it up again.
Marketplace is switched on and running smoothly. Good to see that Chris is standing at the console, zimmer frame ready, just in case it falls over. 
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bg
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Post by bg on Nov 13, 2018 9:16:48 GMT
| Loan # | Events | Last P | First L | Next P | Amount | LTV | Rate | Term | Available | Discounted | Best Rate | Drew | | 833 | | 9-Nov-18 | | 9-Dec-18 | 757,307 | 68.5 | 8 | 11 of 12 | 405,688 | 39,097 | -1.5 | 9-Oct-18 | | 774 | | 13-Oct-18 | | 14-Nov-18 | 892,583 | 69 | 7 | 15 of 18 | 316,462 | 220,634 | -1 | 13-Jul-18 | | 766 | | 9-Nov-18 | | 9-Dec-18 | 255,000 | 70.8 | 7 | 56 of 60 | 121,586 | 50,049 | -1 | 9-Jul-18 | | 768 | | 9-Nov-18 | | 9-Dec-18 | 715,000 | 55 | 6.5 | 56 of 60 | 510,839 | 216,017 | -1 | 9-Jul-18 | | 691 | | 14-Oct-18 | | 15-Nov-18 | 2,524,481 | 65 | 7 | 21 of 28 | 436,215 | 161 | -1 | 13-Apr-18 | | 680 | M | 5-Nov-18 | | 5-Dec-18 | 2,050,000 | 51.2 | 7 | 53 of 60 | 18,461 | 350 | -1 | 5-Apr-18 | | 670 | | 15-Oct-18 | | 16-Nov-18 | 189,000 | 69.9 | 7 | 53 of 60 | 36,211 | 337 | -1 | 16-Mar-18 | | 610 | | 10-Nov-18 | | 8-Dec-18 | 3,283,265 | 70 | 7 | 9 of 18 | 257,107 | 144 | -1 | 9-Feb-18 | | 614 | | 2-Nov-18 | | 2-Dec-18 | 1,308,272 | 64.3 | 7 | 11 of 20 | 234,591 | 316 | -1 | 2-Feb-18 | | 602 | M | 31-Oct-18 | | 30-Nov-18 | 1,950,000 | 60.9 | 7 | 51 of 60 | 58,024 | 309 | -1 | 31-Jan-18 | | 573 | ML | 9-Oct-18 | 10-Nov-18 | 10-Dec-18 | 225,000 | 52 | 7 | 49 of 60 | 2,856 | 1,136 | -1 | 10-Nov-17 | | 538 | | 17-Oct-18 | | 17-Nov-18 | 1,739,982 | 68.8 | 7.5 | 6 of 20 | 532,278 | 137 | -1 | 15-Sep-17 | | 531 | M | 21-Sep-18 | | 22-Jan-19 | 857,000 | 70 | 8 | 47 of 60 | 45,117 | 345 | -1 | 22-Aug-17 |
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puddleduck
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Post by puddleduck on Nov 13, 2018 12:33:10 GMT
There was a 3% Discount on loan 812 within the last day or two, I didnt find it specifically, but I had a buy order for any units with a 1.5% discount which picked some up at that rate automatically.
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number5
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Post by number5 on Nov 13, 2018 18:34:07 GMT
| Loan # | Events | Last P | First L | Next P | Amount | LTV | Rate | Term | Available | Discounted | Best Rate | Drew | | 833 | | 9-Nov-18 | | 9-Dec-18 | 757,307 | 68.5 | 8 | 11 of 12 | 405,688 | 39,097 | -1.5 | 9-Oct-18 | | 774 | | 13-Oct-18 | | 14-Nov-18 | 892,583 | 69 | 7 | 15 of 18 | 316,462 | 220,634 | -1 | 13-Jul-18 | | 766 | | 9-Nov-18 | | 9-Dec-18 | 255,000 | 70.8 | 7 | 56 of 60 | 121,586 | 50,049 | -1 | 9-Jul-18 | | 768 | | 9-Nov-18 | | 9-Dec-18 | 715,000 | 55 | 6.5 | 56 of 60 | 510,839 | 216,017 | -1 | 9-Jul-18 | | 691 | | 14-Oct-18 | | 15-Nov-18 | 2,524,481 | 65 | 7 | 21 of 28 | 436,215 | 161 | -1 | 13-Apr-18 | | 680 | M | 5-Nov-18 | | 5-Dec-18 | 2,050,000 | 51.2 | 7 | 53 of 60 | 18,461 | 350 | -1 | 5-Apr-18 | | 670 | | 15-Oct-18 | | 16-Nov-18 | 189,000 | 69.9 | 7 | 53 of 60 | 36,211 | 337 | -1 | 16-Mar-18 | | 610 | | 10-Nov-18 | | 8-Dec-18 | 3,283,265 | 70 | 7 | 9 of 18 | 257,107 | 144 | -1 | 9-Feb-18 | | 614 | | 2-Nov-18 | | 2-Dec-18 | 1,308,272 | 64.3 | 7 | 11 of 20 | 234,591 | 316 | -1 | 2-Feb-18 | | 602 | M | 31-Oct-18 | | 30-Nov-18 | 1,950,000 | 60.9 | 7 | 51 of 60 | 58,024 | 309 | -1 | 31-Jan-18 | | 573 | ML | 9-Oct-18 | 10-Nov-18 | 10-Dec-18 | 225,000 | 52 | 7 | 49 of 60 | 2,856 | 1,136 | -1 | 10-Nov-17 | | 538 | | 17-Oct-18 | | 17-Nov-18 | 1,739,982 | 68.8 | 7.5 | 6 of 20 | 532,278 | 137 | -1 | 15-Sep-17 | | 531 | M | 21-Sep-18 | | 22-Jan-19 | 857,000 | 70 | 8 | 47 of 60 | 45,117 | 345 | -1 | 22-Aug-17 |
How do you extract this information of which loans are available at discount without having to click into every sale?
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rscal
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Post by rscal on Nov 13, 2018 19:36:13 GMT
There was a 3% Discount on loan 812 within the last day or two, I didnt find it specifically, but I had a buy order for any units with a 1.5% discount which picked some up at that rate automatically. I got 3% discount on #533 today (but with only 99p for 96p available!) For #531 I've put in a cheeky offer at -4% b/c there will be no interest paid for three months as agreed by the lenders so would asking for -2% (at least) be fair, no?
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star dust
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Post by star dust on Nov 14, 2018 0:31:37 GMT
There was a 3% Discount on loan 812 within the last day or two, I didnt find it specifically, but I had a buy order for any units with a 1.5% discount which picked some up at that rate automatically. I got 3% discount on #533 today (but with only 99p for 96p available!) For #531 I've put in a cheeky offer at -4% b/c there will be no interest paid for three months as agreed by the lenders so would asking for -2% (at least) be fair, no? Only you will know. You cannot see aggregated offers so whilst you can see how much is for sale and at what rate of discount, you can't see how much investors are offering to purchase. If someone decided to sell enough at -4% you would get a proportion of that along with everyone else with any below par offer up to and including -4% on that loan, auto allocated by the system. If you would be prepared to purchase at -2% then put a buy order on for that amount and you will pick up a proportion of anything selling at -2% and below (i.e. including -4% if someone sold at that discount), your -4% order will not pick up anything selling at -2%.
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bg
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Post by bg on Nov 21, 2018 12:02:09 GMT
| Loan # | Events | Last P | First L | Next P | Amount | LTV | Rate | Term | Available | Discounted | Best Rate | Drew | | 774 | | 14-Nov-18 | | 15-Dec-18 | 892,583 | 69 | 7 | 14 of 18 | 316,868 | 220,425 | -1 | 13-Jul-18 | | 766 | | 09-Nov-18 | | 09-Dec-18 | 255,000 | 70.8 | 7 | 56 of 60 | 121,763 | 48,469 | -1 | 9-Jul-18 | | 768 | | 09-Nov-18 | | 09-Dec-18 | 715,000 | 55 | 6.5 | 56 of 60 | 507,132 | 211,080 | -1 | 9-Jul-18 | | 730 | | 13-Nov-18 | | 14-Dec-18 | 961,629 | 68.2 | 7 | 18 of 24 | 613,722 | 9,995 | -1 | 14-May-18 | | 602 | M | 31-Oct-18 | | 30-Nov-18 | 1,950,000 | 60.9 | 7 | 51 of 60 | 63,130 | 149 | -1 | 31-Jan-18 | | 573 | M | 10-Nov-18 | | 10-Dec-18 | 225,000 | 52 | 7 | 48 of 60 | 3,897 | 435 | -1 | 10-Nov-17 | | 531 | M | 21-Sep-18 | | 22-Jan-19 | 857,000 | 70 | 8 | 47 of 60 | 49,504 | 340 | -1.5 | 22-Aug-17 |
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bg
Member of DD Central
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Post by bg on Nov 21, 2018 23:30:50 GMT
£1m of new availability:- | Loan # | Events | Last P | First L | Next P | Amount | LTV | Rate | Term | Available | Discounted | Best Rate | Drew | | 828 | | 24-Oct-18 | | 25-Nov-18 | 1,306,293 | 64 | 8 | 19 of 20 | 707,059 | 370,174 | -1 | 25-Sep-18 | | 816 | | 31-Oct-18 | | 30-Nov-18 | 2,917,668 | 59 | 9 | 13 of 15 | 831,561 | 424,853 | -1 | 31-Aug-18 | | 787 | | 27-Oct-18 | | 28-Nov-18 | 1,499,397 | 70 | 8 | 15 of 18 | 429,339 | 163,743 | -1 | 27-Jul-18 | | 774 | | 14-Nov-18 | | 15-Dec-18 | 892,583 | 69 | 7 | 14 of 18 | 316,861 | 220,338 | -1 | 13-Jul-18 | | 766 | | 09-Nov-18 | | 09-Dec-18 | 255,000 | 70.8 | 7 | 56 of 60 | 121,336 | 48,196 | -1 | 9-Jul-18 | | 768 | | 09-Nov-18 | | 09-Dec-18 | 715,000 | 55 | 6.5 | 56 of 60 | 502,405 | 209,346 | -1 | 9-Jul-18 | | 758 | | 30-Oct-18 | | 29-Nov-18 | 2,192,834 | 68.6 | 8 | 11 of 15 | 826,473 | 207,944 | -1 | 29-Jun-18 | | 753 | | 24-Oct-18 | | 25-Nov-18 | 3,078,791 | 71.7 | 8 | 6 of 11 | 555,064 | 228,624 | -1 | 25-Jun-18 | | 730 | | 13-Nov-18 | | 14-Dec-18 | 961,629 | 68.2 | 7 | 18 of 24 | 613,265 | 10,616 | -1 | 14-May-18 | | 602 | M | 31-Oct-18 | | 30-Nov-18 | 1,950,000 | 60.9 | 7 | 51 of 60 | 63,161 | 149 | -1 | 31-Jan-18 | | 573 | M | 10-Nov-18 | | 10-Dec-18 | 225,000 | 52 | 7 | 48 of 60 | 3,905 | 435 | -1 | 10-Nov-17 | | 531 | M | 21-Sep-18 | | 22-Jan-19 | 857,000 | 70 | 8 | 47 of 60 | 49,805 | 338 | -1.5 | 22-Aug-17 | | 408 | ML | 01-Oct-18 | 02-Nov-18 | 02-Dec-18 | 210,000 | 69.4 | 7.9 | 39 of 60 | 12,603 | 49 | -1 | 2-Feb-17 |
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rscal
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Post by rscal on Nov 22, 2018 20:16:46 GMT
( thanks for the update, bg )
Can I ask pls: 3) If I have a holding and wish to sell it entirely should I 'round up' the amount by 1p so that the fractional part of a penny in the holding is also offered up? (I obviously want to avoid '<0.01' situations and my reason for selling is to remove the very small holdings where I've previously only picked up a quid or two on the allocation)
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bigfoot12
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Post by bigfoot12 on Nov 22, 2018 20:47:50 GMT
( thanks for the update, bg )
Can I ask pls: 3) If I have a holding and wish to sell it entirely should I 'round up' the amount by 1p so that the fractional part of a penny in the holding is also offered up? (I obviously want to avoid '<0.01' situations and my reason for selling is to remove the very small holdings where I've previously only picked up a quid or two on the allocation)
Yes, I normally round up by more than that (nearest pound). It might not work first time, so then you'll have to buy a penny and try again.
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bg
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Post by bg on Nov 26, 2018 18:23:10 GMT
| Loan # | Events | Last P | First L | Next P | Amount | LTV | Rate | Term | Available | Discounted | Best Rate | Drew | | 828 | | 24-Oct-18 | | 25-Nov-18 | 1,368,979 | 64 | 8 | 18 of 20 | 693,794 | 344,369 | -1 | 25-Sep-18 | | 816 | | 31-Oct-18 | | 30-Nov-18 | 2,917,668 | 59 | 9 | 13 of 15 | 781,433 | 395,767 | -1 | 31-Aug-18 | | 794 | M | 03-Nov-18 | | 03-Dec-18 | 110,000 | 50 | 6 | 57 of 60 | 2,050 | 28 | -1 | 3-Aug-18 | | 787 | | 27-Oct-18 | | 28-Nov-18 | 1,499,397 | 70 | 8 | 15 of 18 | 424,847 | 152,013 | -1 | 27-Jul-18 | | 774 | | 14-Nov-18 | | 15-Dec-18 | 892,583 | 69 | 7 | 14 of 18 | 316,902 | 220,312 | -1 | 13-Jul-18 | | 766 | | 09-Nov-18 | | 09-Dec-18 | 255,000 | 70.8 | 7 | 56 of 60 | 124,715 | 901 | -1 | 9-Jul-18 | | 768 | | 09-Nov-18 | | 09-Dec-18 | 715,000 | 55 | 6.5 | 56 of 60 | 499,821 | 208,108 | -1 | 9-Jul-18 | | 758 | | 30-Oct-18 | | 29-Nov-18 | 2,192,834 | 68.6 | 8 | 11 of 15 | 808,922 | 189,648 | -1 | 29-Jun-18 | | 753 | L | 25-Nov-18 | 25-Nov-18 | 26-Dec-18 | 3,078,791 | 71.7 | 8 | 6 of 11 | 543,343 | 214,054 | -1 | 25-Jun-18 | | 730 | | 13-Nov-18 | | 14-Dec-18 | 961,629 | 68.2 | 7 | 18 of 24 | 613,490 | 7,932 | -1 | 14-May-18 | | 602 | M | 31-Oct-18 | | 30-Nov-18 | 1,950,000 | 60.9 | 7 | 51 of 60 | 65,787 | 149 | -1 | 31-Jan-18 | | 584 | | 11-Nov-18 | | 11-Dec-18 | 90,000 | 75 | 6 | 49 of 60 | 5,613 | 248 | -1 | 11-Dec-17 | | 573 | M | 10-Nov-18 | | 10-Dec-18 | 225,000 | 52 | 7 | 48 of 60 | 5,135 | 434 | -1 | 10-Nov-17 | | 531 | M | 21-Sep-18 | | 22-Jan-19 | 857,000 | 70 | 8 | 47 of 60 | 52,060 | 335 | -1 | 22-Aug-17 | | 408 | M | 02-Nov-18 | | 02-Dec-18 | 210,000 | 69.4 | 7.9 | 39 of 60 | 13,607 | 48 | -1 | 2-Feb-17 |
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