vmail
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Post by vmail on Jan 11, 2015 13:10:14 GMT
Hi, how do I do it on the new interface? Do I reduce the amount of the manual investment or is there a different process?
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agent69
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Post by agent69 on Jan 11, 2015 13:33:34 GMT
Hi, how do I do it on the new interface? Do I reduce the amount of the manual investment or is there a different process? Click on your loans in the loan book, click on the loan you want to sell and reduce the investment target (assumes that somebody wants to buy that particular loan), or in the MLIA adjust your investment total (which I believe could sell any of your loans).
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Post by mashclint on Jan 11, 2015 13:35:13 GMT
Just set your investment target below your holdings (for each investment and enable the investment target) and depending how much is already for sale on that investment will depend how long it takes to sell.
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vmail
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Post by vmail on Jan 11, 2015 13:58:11 GMT
Now I just need to figure out how to move the money from manual loan to cash
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agent69
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Post by agent69 on Jan 11, 2015 14:07:16 GMT
Now I just need to figure out how to move the money from manual loan to cash Click on the adjust investment button in the MLIA and reduce the investment target by whatever amount you want. This should sell loans and return the funds to your cash account.
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vmail
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Post by vmail on Jan 11, 2015 14:10:05 GMT
cheers
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mikes1531
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Post by mikes1531 on Jan 11, 2015 14:26:38 GMT
... or in the MLIA adjust your investment total (which I believe could sell any of your loans). I don't believe this will automatically trigger a sale of any investments and more. IIRC, it did when the new website became live, but that feature was disabled when there were complaints made because lenders had no control whatsoever regarding which parts were being offered for sale. Furthermore, again IIRC, there was one report of a lender trying to transfer some cash from their MLIA into their cash account who made a typo in setting their new investment level and the system promptly offered for sale a bunch of parts. The parts sold instantly and the unfortunate lender was unable to by them back immediately because there were no other parts of those loans available in the Aftermarket. I think it then was decided that since the M in MLIA stood for 'Manual', lenders who wanted to sell parts so that they could move money elsewhere ought to choose exactly how much of each of their holdings that they wanted to try to sell in order to free up the necessary cash. If anyone else remembers the situation differently, I'm more than willing to have my recollections corrected.
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agent69
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Post by agent69 on Jan 11, 2015 15:52:32 GMT
Apologies if my earlier answer was not 100% accurate
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