andy2001
Member of DD Central
Posts: 361 
Likes: 34
|
Post by andy2001 on Apr 22, 2014 15:34:01 GMT
I was hoping it meant peoples shadow bids had been called in. I think it was an u/w selling. If it was an underwriter selling, they weren't being shown as an u/w for An*****y. That loan started out 100% underwritten, but all the loan parts were sold off after drawdown, and all the u/w green disappeared from the horseshoe chart quite a while ago. But maybe the seller started out as an An*****y investor and stepped up to becoming an u/w for more recent loans. We can hope that shadow bidders have been told to settle their bids because drawdown is imminent, but I've not heard anyone suggest that had happened, and I would have expected that someone would have said something if that were to be the case. Which, I'm afraid, may mean that there aren't going to be many -- any? -- drawdowns this week. I should add that the one loan that is supposed to have a very firm 25/Apr drawdown -- because contracts were exchanged specifying that date -- is very small and there is no u/w involved, so it's unlikely to provide any loan parts for sale when it does draw down. I could be wrong but, despite it being fully underwritten with no auction, I don't think they ever showed as green in the horse shoe.
|
|
mikes1531
Member of DD Central
Posts: 6,453
Likes: 2,320
|
Post by mikes1531 on Apr 22, 2014 18:36:39 GMT
If it was an underwriter selling, they weren't being shown as an u/w for An*****y. That loan started out 100% underwritten, but all the loan parts were sold off after drawdown, and all the u/w green disappeared from the horseshoe chart quite a while ago. But maybe the seller started out as an An*****y investor and stepped up to becoming an u/w for more recent loans. We can hope that shadow bidders have been told to settle their bids because drawdown is imminent, but I've not heard anyone suggest that had happened, and I would have expected that someone would have said something if that were to be the case. Which, I'm afraid, may mean that there aren't going to be many -- any? -- drawdowns this week. I should add that the one loan that is supposed to have a very firm 25/Apr drawdown -- because contracts were exchanged specifying that date -- is very small and there is no u/w involved, so it's unlikely to provide any loan parts for sale when it does draw down. I could be wrong but, despite it being fully underwritten with no auction, I don't think they ever showed as green in the horse shoe. Well, my memory certainly isn't perfect, so I wouldn't swear that it was green at the beginning. So perhaps it wasn't. This is the only loan I remember that went straight to drawdown without an auction, so it might have been handled differently than normal.
|
|
walktall7
Member of DD Central
Posts: 184
Likes: 35
|
Post by walktall7 on Apr 23, 2014 10:32:45 GMT
Just got 5 units of the AI so it can be worthwhile leaving money in your account
|
|
|
|
Post by Ton ⓉⓞⓃ on Apr 23, 2014 12:33:01 GMT
Just got 5 units of the AI so it can be worthwhile leaving money in your account Can I ask if that's Anglesey?
|
|
walktall7
Member of DD Central
Posts: 184
Likes: 35
|
Post by walktall7 on Apr 23, 2014 12:54:55 GMT
It was Re***** Com***** Prop
|
|
andy2001
Member of DD Central
Posts: 361
Likes: 34
|
Post by andy2001 on Apr 23, 2014 14:51:01 GMT
Fu******e R******r now on the aftermarket. And I've put up some An*****y.
|
|
andy2001
Member of DD Central
Posts: 361
Likes: 34
|
Post by andy2001 on Apr 23, 2014 14:59:23 GMT
First lot of Fu******e R******r gone. only had about 30k or a little less up. I bought 5units.
|
|
|
|
Post by Ton ⓉⓞⓃ on Apr 23, 2014 15:03:52 GMT
First lot of Fu******e R******r gone. only had about 30k or a little less up. I bought 5units. AI bought me two units, it's all gone now for the moment. IN EDIT a further odd 160units is now on the AM.
|
|
walktall7
Member of DD Central
Posts: 184
Likes: 35
|
Post by walktall7 on Apr 23, 2014 15:06:52 GMT
First tranch of £29,000 sold now listed another £20,000
|
|
markr
Member of DD Central
Posts: 766
Likes: 426
|
Post by markr on Apr 23, 2014 15:10:40 GMT
My AI just picked up an interesting oldie, T*Y Lim**** (Loan 21)
|
|
mikeb
Posts: 1,072
Likes: 472
|
Post by mikeb on Apr 23, 2014 17:30:15 GMT
And £100 of LTL Mortgage No 6 via the AI ... things are moving!
|
|
spockie
Member of DD Central
Posts: 299 
Likes: 84
|
Post by spockie on Apr 23, 2014 17:49:59 GMT
I wonder if the flurry of AM activity indicates that some shadow bids have been called in?
|
|
andy2001
Member of DD Central
Posts: 361
Likes: 34
|
Post by andy2001 on Apr 23, 2014 18:17:17 GMT
I wonder if the flurry of AM activity indicates that some shadow bids have been called in? Some will be people selling to buy some Fur*****e R****ler
|
|
|
|
Post by Ton ⓉⓞⓃ on Apr 23, 2014 19:15:56 GMT
I wonder if the flurry of AM activity indicates that some shadow bids have been called in? Some well be people selling to buy some Fur*****e R****ler AC did give notice that the Furniture loan would be drawn either yesterday or today, so maybe some were getting ready. I transferred more money over, and thought about selling, but I decided to keep it simple ( merlin) for AC to calc. my cashback. Tho' I'm not convinced this is the full explanation of all the selling.
|
|
mikes1531
Member of DD Central
Posts: 6,453
Likes: 2,320
|
Post by mikes1531 on Apr 24, 2014 2:30:58 GMT
It was Re***** Com***** Prop I picked up a little of this via AutoInvest. I don't know how much was offered for sale, but I see that the U/W's share of this loan is now down to £54k. IIRC, the number was more like £70-80k yesterday.
|
|
