arbster
Member of DD Central
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Post by arbster on Sept 1, 2015 7:09:51 GMT
Once the 48 hr BACS deficit period has elapsed; the unpaid for loan parts will be release back into the general market / or if there was oversubs, offered to those who have cleared their BACS deficit unless they have informed us of any mitigating circumstances. This appears to be a good option for people who want to get an allocation of new loans, do their DD and decide whether or not to clear their BACS deficit. Is this the intention? If so, wouldn't it be cleaner simply to allow people to 'decline' pre-funded allocations of individual loans within a similar 48-hour period, particularly if there are multiple new loans on a single day?
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Post by fiatlender on Sept 1, 2015 8:40:53 GMT
I notice Valuation docs are available for "Land with planning, Hull" under pipeline loans.
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registerme
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Post by registerme on Sept 1, 2015 11:07:38 GMT
Dumb question from me, is there a way to say "only pre-fund loan x, and only by an amount up to my available funds"?
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paulgul
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Post by paulgul on Sept 1, 2015 15:37:48 GMT
Dumb question from me, is there a way to say "only pre-fund loan x, and only by an amount up to my available funds"? Not at the moment, but SS said in a previous post (30th Aug.) Put all available information including valuations next to the loans in the Pipeline stage. NB they don't come in until late in the process sometimes so we cannot promise to do this for each one.
Allowing people to vary the amount they want to pre-fund in each loan at Pipeline stage or turn it off completely on that specific loan.
If there is oversubscription, then we allocate as stated in our beta PF release.
Once the 48 hr BACS deficit period has elapsed; the unpaid for loan parts will be release back into the general market / or if there was oversubs, offered to those who have cleared their BACS deficit unless they have informed us of any mitigating circumstances.
So I'm guessing line 2 should help you in the future
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SteveT
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Post by SteveT on Sept 4, 2015 8:46:46 GMT
The Pre-Funding settings page now carries the following message, which I assume is a precursor to being able to set target pre-funding levels for individual loans.
"Pre-funding settings
We are about to launch a new and improved method of pre-funding. Please await more info."
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Post by pepperpot on Sept 4, 2015 8:58:37 GMT
Excellent. Now we have access to the Security Held In Trust, if I've satisfied myself the asset is worthwhile I'd like the option to pile in, but not blindly into whatever is available next.
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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 Sept 4, 2015 9:12:06 GMT
So I guess that means today or there wont be any loans today as noone can access their settings or the scrum will get a final fling for old times sake. Go on SS stick the swamp up for a laugh  |
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adrianc
Member of DD Central
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Post by adrianc on Sept 4, 2015 9:19:19 GMT
The Pre-Funding settings page now carries the following message, which I assume is a precursor to being able to set target pre-funding levels for individual loans. " Pre-funding settingsWe are about to launch a new and improved method of pre-funding. Please await more info." Or is the "new and improved method" just the one that actually happened for PBL55...? Still, with six loans now showing as valuation available in pipeline, at least they've promised faithfully that they won't launch more than three in one day. Or will they...?
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SteveT
Member of DD Central
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Post by SteveT on Sept 4, 2015 9:26:34 GMT
The Pre-Funding settings page now carries the following message, which I assume is a precursor to being able to set target pre-funding levels for individual loans. " Pre-funding settingsWe are about to launch a new and improved method of pre-funding. Please await more info." Or is the "new and improved method" just the one that actually happened for PBL55...? Still, with six loans now showing as valuation available in pipeline, at least they've promised faithfully that they won't launch more than three in one day. Or will they...? If all 6 launch today with my previous PF settings still active then I'm going to need my own bridging loan 
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adrianc
Member of DD Central
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Post by adrianc on Sept 4, 2015 9:30:26 GMT
Still, with six loans now showing as valuation available in pipeline, at least they've promised faithfully that they won't launch more than three in one day. Or will they...? If all 6 launch today with my previous PF settings still active then I'm going to need my own bridging loan In the immortal words of almost everybody's mother... Eyes bigger than your tummy?
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alan
Posts: 55
Likes: 14
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Post by alan on Sept 4, 2015 9:32:33 GMT
The Pre-Funding settings page now carries the following message, which I assume is a precursor to being able to set target pre-funding levels for individual loans. " Pre-funding settingsWe are about to launch a new and improved method of pre-funding. Please await more info." might not matter what it says as they dont have to stick to it!
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beechside
Member of DD Central
Posts: 152
Likes: 197
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Post by beechside on Sept 4, 2015 9:32:26 GMT
We are about to launch a new and improved method of pre-funding. Please await more info." Hmm... Hope it doesn't delay the release of more loans.
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alan
Posts: 55
Likes: 14
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Post by alan on Sept 4, 2015 10:14:46 GMT
Available but not updating when changed, probably teething problem.
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sam i am
Member of DD Central
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Post by sam i am on Sept 4, 2015 10:16:41 GMT
Available but not updating when changed, probably teething problem. Yes, I had the same problem. Page not found when trying to update.
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beechside
Member of DD Central
Posts: 152
Likes: 197
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Post by beechside on Sept 4, 2015 10:16:53 GMT
Available but not updating when changed, probably teething problem. Ah, the joys of updating live systems. Glad I'm out of all that now
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