Post by richox on May 9, 2019 19:45:45 GMT
Shouldn't this be out by now? It should be a good read when it does appear. Just to remind us of a couple of quotes from the 2017 report:
The banner headline from LB's company statement "Our aim is to continue to help our investors generate impressive returns from a range of exciting projects, while protecting their capital and improving our service offering to borrowers."
Liam Brooke, co-founder of Lendy, says: “At the start of 2017 we committed to improving the platform for the benefit of both new and existing investors, including reducing LTVs as one way of managing risk.” Lendy says that conservative LTVs mean any losses that do occur in a diversified portfolio will be completely or largely offset by the sale of asset that the loan is secured on.
Maybe LB is too busy with Copious Capital to draft it and who else is left to do it?
The banner headline from LB's company statement "Our aim is to continue to help our investors generate impressive returns from a range of exciting projects, while protecting their capital and improving our service offering to borrowers."
Liam Brooke, co-founder of Lendy, says: “At the start of 2017 we committed to improving the platform for the benefit of both new and existing investors, including reducing LTVs as one way of managing risk.” Lendy says that conservative LTVs mean any losses that do occur in a diversified portfolio will be completely or largely offset by the sale of asset that the loan is secured on.
Maybe LB is too busy with Copious Capital to draft it and who else is left to do it?