shimself
Member of DD Central
Posts: 2,560
Likes: 1,169
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Post by shimself on Dec 12, 2015 13:58:02 GMT
Do the loan originators choose which loans to sell on, and which they keep for themselves?
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shimself
Member of DD Central
Posts: 2,560
Likes: 1,169
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Post by shimself on Dec 12, 2015 14:00:04 GMT
Is the loan purpose and affordability explained somewhere, pm me with an example perhaps, am I missing this on the site?
Are we told who the loan originator is?
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Post by toms viventor on Dec 14, 2015 9:14:41 GMT
shimself, we have agreed with the originators on certain characteristics of the loans we offer at this stage. As we move on, you can expect more diverse investment opportunities being added to the platform. Regarding the loan purpose, the originator and other things - I will PM you an example, as requested. Toms
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Post by blahetal on Jan 26, 2016 10:27:03 GMT
Hi toms Any ETA of adding secondary market and new type of loans (short term)? I noticed there have been no new loans issued for several monhts (not a problem for me because there are many not fully funded)...just being curious.
Regards Libor
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Post by toms viventor on Jan 26, 2016 14:43:42 GMT
Libor, hi!
Just today, an update was sent out to all investors along with the amended Assignment Agreement. The agreement has been improved to enable investing in the upcoming loans, as well as operating on the Secondary Market.
The engineering team is doing an amazing job to deliver both major features, and a realistic time range would be 2.5-3.5 weeks.
Toms
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