Post by dead-money on Jan 29, 2020 13:26:03 GMT
Also more details on the credit report regarding arrangement and monitoring fees.
At first glance, it seems that the recent lower lender rates seem to be due to higher monitoring fees on some loans.
i.e. Borrower #1243 pays 8.9% lender receives 6% whilst on another loan borrower #1202 pays 8.9% lender receives 7.5%
So the same risk rating and a higher LTV results in a lower return for the lender? Seems backwards!
At first glance, it seems that the recent lower lender rates seem to be due to higher monitoring fees on some loans.
i.e. Borrower #1243 pays 8.9% lender receives 6% whilst on another loan borrower #1202 pays 8.9% lender receives 7.5%
So the same risk rating and a higher LTV results in a lower return for the lender? Seems backwards!